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The last time recurring claims exceeded that level was the week ending Nov. 13, 2021, when 1.97 million people were on unemployment benefits, according to historical data from the Federal Reserve ...
Continuing unemployment claims have been on a steady rise as Americans are taking longer to find jobs amid a ... up from 1.902 million the week prior and the highest level seen since November 2021 ...
The number of Americans applying for first-time jobless claims reached its lowest level since November 1969, with the number of filings dropping to 199,000. ... 2021 at 12:13 PM ... the states and ...
Starting in June 2021, over 20 states, mostly those with Republicans in control of state government, opted to end benefit or eligibility extensions earlier than required. [58] [59] The surge of unemployment filings and eligibility changes during the pandemic created a massive backlog of claims.
For one, initial claims don't include continued claims—individuals who claim benefits for additional weeks of unemployment beyond their initial claim. Additionally, not all claimants will actually receive unemployment benefits. [1] The report is released weekly at 08:30 Eastern Time on Thursdays. The data in the report is collected from state ...
The Labor Department reported Thursday that jobless claims for the week ending June 22 fell by 6,000 to 233,000 from 239,000 the previous week. US weekly jobless claims fall, but the total number ...
Unemployment claim filings moved higher to end April as investors closely watch for any signs ... Continuing jobless claims reach highest level since November 2021, initial claims hit 2-month high.
In recent weeks, however, claims have stayed at the high end of range, adding to evidence that U.S. job market is decelerating after years of strong hiring. So far this year, employers are adding a decent but far from spectacular 124,000 jobs a month, down from an average 168,000 last year and an average of nearly 400,000 from 2021 through 2023.