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Initial jobless claims are a data point issued by the U.S. Department of Labor as part of its weekly Unemployment Insurance Weekly Claims Report. Initial jobless claims refer to claims for unemployment benefits filed by unemployed individuals with state unemployment agencies.
Weekly filings for unemployment benefits are considered a proxy for U.S. layoffs and are close to a real-time indicator of the health of the job market.
The Huffington Post
Weekly filings for unemployment benefits are widely regarded as a key indicator of US layoffs and offer a near real-time snapshot of the labor market's health.
Unemployment insurance in the United States, colloquially referred to as unemployment benefits, refers to social insurance programs which replace a portion of wages for individuals during unemployment. The first unemployment insurance program in the U.S. was created in Wisconsin in 1932, and the federal Social Security Act of 1935 created programs nationwide that are administered by state ...
Initial claims for state unemployment benefits rose to a seasonally adjusted 232,000 for the week ended October 18 from 220,000 the prior week, economists at Citigroup and Nationwide calculated.
Unemployment benefits, also called unemployment insurance, unemployment payment, unemployment compensation, or simply unemployment, are payments made by governmental bodies to unemployed people.
By Lucia Mutikani WASHINGTON, May 7 (Reuters) - The number of Americans filing claims for unemployment benefits rose moderately last week amid low layoffs, underscoring labor market stability and