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US Labour Dept says initial jobless claims rise to highest level in a month

US Labour Dept says initial jobless claims rise to highest level in a month
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Initial unemployment claims in the US drop for a fourth straight week

US weekly unemployment claims drop to 473,000

Initial unemployment claims in the US dropped to 473,000, a new low since the Covid-19 pandemic ravaged the labour market early last year, the Labour Department reported.In the week ending May 8, the number of Americans filing for unemployment .

US adds 266,000 jobs in April

US adds 266,000 jobs in April ​ By IANS | Published on ​ Sat, May 8 2021 9:42 IST | ​ 3 Views Global Covid-19 caseload tops 133.7mn. Image Source: IANS News Washington, May 8 : US employers added 266,000 jobs in April, with the unemployment rate only a little changed at 6.1 per cent, the Labour Department reported. This is far fewer than the Dow Jones estimates of 1 million new jobs, with some economists expecting an even stronger growth, reports Xinhua news agency. Job gains were notable in leisure and hospitality, other services, and local government education, which were partially offset by employment declines in temporary help services and in couriers and messengers, according to the report released on Friday by the Department s Bureau of Labour Statistics.

US weekly unemployment claims drop to 498K

US weekly unemployment claims drop to 498K ​ By IANS | ​ 2 Views US weekly unemployment claims drop to 498K. Image Source: IANS News Washington, May 7 : Initial unemployment claims in the US dropped to 498,000, a new low since the Covid-19 pandemic ravaged the labour market early last year, the Labour Department reported. In the week ending May 1, the number of Americans filing for unemployment benefits decreased by 92,000 from the previous week s upwardly revised level of 590,000, according to a report released on Thursday by the Department s Bureau of Labour Statistics. This is the lowest level for initial claims since March 14, 2020 when it was 256,000, Xinhua news agency reported.

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