Eye On Housing
Weekly initial jobless claims increased for the past two consecutive weeks and reached the highest level in one month in the week ending February 13, despite the decreases in the number of COVID-19 cases. The labor market is recovering from the COVID-19 pandemic, but the road is proving to be long. The U.S. Department of Labor released the Unemployment Insurance… Read More ›
Weekly initial jobless claims declined slightly in the week ending February 6. Continuing claims, which lag initial jobless claims by one week, decreased by 145,000 in the week ending January 30. The labor market is continuing to recover from the COVID-19 pandemic, but at a slow pace. The U.S. Department of Labor released the Unemployment Insurance Weekly Claims Report today…. Read More ›
Weekly initial jobless claims declined by 33,000 in the week ending January 30. Continuing claims, which lag initial jobless claims by one week, decreased by 193,000 in the week ending January 23. This week’s jobless claims indicate that the labor market is recovering from the COVID-19 pandemic gradually. More hiring is expected when Coronavirus vaccines become more widely distributed. According… Read More ›
Weekly initial jobless claims declined slightly to 847,000 in the week ending January 23. Continuing claims, which lag initial jobless claims by one week, decreased by 203,000 in the week ending January 16. The labor market is recovering from the COVID-19 pandemic, albeit slowly. According to the Unemployment Insurance Weekly Claims Report released by the U.S. Department of Labor recently,… Read More ›
During the week ending January 9, weekly initial jobless claims soared to 965,000, the highest level since mid-August 2020. Continuing claims, which lag initial jobless claims by one week, rose by 199,000 in the week ending January 2. The labor market is struggling to recover from the COVID-19 pandemic as many states tighten business restrictions amid the resurgence of the… Read More ›
During the week of New Year’s, weekly initial jobless claims totaled 787,000, little changed from the previous week. Continuing claims, which lag initial jobless claims by one week, decreased by 126,000. Weekly initial jobless claims peaked at nearly 7 million in the spring of 2020 and have remained at around 0.8 million since the fall of 2020 and into 2021,… Read More ›
In the week ending December 12, weekly initial jobless claims increased to 885,000, the highest level since early September. Continuing claims, which lag initial jobless claims by one week, decreased by 273,000. The number of initial jobless claims increased in the first two weeks of December as cities and states tightened COVID-19 restrictions. According to the Unemployment Insurance Weekly Claims… Read More ›
In the week ending December 5, weekly initial jobless claims increase to 853,000, the highest level since mid-September. Continuing claims, which lag initial jobless claims by one week, ticked up for the first time after twelve consecutive decreases. There is no doubt that the labor market is recovering from the COVID-19 pandemic gradually. However, increases in both initial jobless claims… Read More ›
During Thanksgiving week, weekly initial jobless claims declined to the lowest level since the end of March. Continuing claims, which lag initial jobless claims by one week, continued a downward trend for the week ending November 21. The labor market has been recovering from the COVID-19 pandemic gradually for the past eight months. However, it is worth noting that a… Read More ›
For the week ending November 14, weekly initial jobless claims rose for the first time since early October. Continuing claims, which lag initial jobless claims by one week, continued a downward trend for the week ending November 7. The labor market has been recovering from the COVID-19 pandemic gradually for the past seven months. Looking forward, the path to recovery… Read More ›