Skip to content
166,000
The labor market tightened further last week, with initial jobless claims calling to 166,000 — their lowest level in more than 53 years, CNBC reports.
187,000
“The number of Americans applying for unemployment benefits last week fell to its lowest level in 52 years as the U.S. job market continues to show strength in the midst of rising costs and an ongoing virus pandemic,” the AP reports. “Jobless claims fell by 28,000 to 187,000 for the week ending March 19, the lowest since September of 1969.”
348,000
“Jobless claims fell to a pandemic low of 348,000 last week, suggesting the labor market continues to heal even as the Delta variant causes uncertainty,” the Wall Street Journal reports.
375,000
Associated Press: “The number of Americans seeking unemployment benefits fell for a third straight time last week, the latest sign that employers are laying off fewer people as they struggle to fill a record number of open jobs and meet a surge in consumer demand. Thursday’s report from the Labor Department showed that jobless claims fell to 375,000 from 387,000 the previous week. … A total of about 12 million people are receiving unemployment benefits, down sharply from the previous week’s figure of nearly 13 million… So far at least, there has been little sign that the delta variant has depressed hiring or prompted layoffs.”
712,000
“The number of Americans seeking unemployment benefits fell last week to 712,000, the lowest total since early November, evidence that fewer employers are cutting jobs amid a decline in confirmed coronavirus cases and signs of an improving economy,” the AP reports.
1 million
“More than 1 million Americans filed first-time unemployment claims for the 46th consecutive week last week,” Axios reports. “There is no historical precedent for the ongoing rate of job losses in the U.S.”
16 million
“Another 900,000 people filed new unemployment claims last week, President Donald Trump’s last in office, a snapshot of the significant labor market challenges facing President Biden,” the Washington Post reports. “An additional 423,000 people in 47 states filed new claims for Pandemic Unemployment Assistance, the program created to help gig and self-employed workers. … Altogether, nearly 16 million people were claiming benefits as of Jan. 2, the last week available for that measurement.”
1 million
Worker filings for jobless claims jumped to nearly 1 million last week, indicating rising layoffs amid a surge in Covid-19 cases, the Wall Street Journal reports.
140,000
Wall Street Journal reports. “After the sharp contraction in March and April, the labor market quickly snapped back to life, adding a total 9.3 million jobs over the next three months. Since then, job growth has eased each month.”
tens of millions
“People who collected unemployment will receive smaller — or nonexistent — tax refunds this coming year because of a tax law quirk that counts unemployment as taxable income,” Axios reports. “Tens of millions of Americans who arguably need the refund the most will wind up financially short for yet another year.”
