Weekly initial jobless claims declined slightly in the week ending June 13 and continuing claims, which lags initial jobless claims by one week, declined to 20.5 million in the week ending June 6. While some workers are returning to work, albeit slowly, as coronavirus restrictions are gradually eased, others are being laid off as companies are closing permanently in wake… Read More ›
Tag Archive for ‘continuing claims’
Declines for Initial and Continuing Jobless Claims
Weekly initial jobless claims continued to decline in the week ending June 6 and continuing claims, which lags initial jobless claims by one week, declined to 20.9 million in the week ending May 30. The data indicate that workers are returning to work, albeit slowly, as coronavirus restrictions are gradually eased. The U.S. Department of Labor released the Unemployment Insurance… Read More ›
Initial Jobless Claims Continue to Fall
The U.S. Department of Labor released the Unemployment Insurance Weekly Claims Report for the week ending May 30th. Weekly initial claims fell below 2 million for the first time since the week ending March 14th. Continuing claims, which lags initial jobless claims by one week, rose slightly to nearly 21.5 million in the week ending May 23rd. The data indicate… Read More ›
Continuing Jobless Claims Drop
The U.S. Department of Labor released the Unemployment Insurance Weekly Claims Report for the week ending May 23rd. Initial claims have declined for the eighth straight week after it hit a record peak of 6.9 million in the week ending March 28th. Continuing claims dropped by 3.86 million in the week ending May 16th, suggesting some unemployed workers are finding… Read More ›
Jobless Claims Pace Declines
The U.S. Department of Labor released the Unemployment Insurance Weekly Claims Report. In the week ending May 16th, weekly jobless claims totaled 2.4 million, a decrease from the previous week. It was the seventh straight week of a declining pace after the record peak of 6.9 million during the week ending March 28th. In the week ending May 16th, the… Read More ›
2.981 Million Weekly Jobless Claims : Continuing Claims Flattening
The U.S. Department of Labor released the Unemployment Insurance Weekly Claims Report. In the week ending May 9th, the number of initial claims for unemployment insurance remained in the magnitude of millions. On a bright side, continuing claims had the smallest increase in the week ending May 2nd, and we are seeing a flattening trend in the continuing claims curve…. Read More ›