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unemployment Articles
Weekly jobless claims posted a serious jump in the week ending May 7, bringing the figure closer to that old 300,000 weekly norm.
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Friday's key payrolls report is one of the biggest reports watched by traders, investors and economic watchers. The news on the jobs front has remained solid so far.
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If there is one economic report that is used each month as a barometer for the direction of the payrolls and unemployment report from the U.S. Department of Labor, it is the ADP payrolls report.
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The Bureau of Labor Statistics showed that weekly jobless claims came in at 257,000 for the week of April 23.
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The U.S. Department of Labor has delivered another round of weekly jobless claims, and the numbers were much better than expected.
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The unemployment rate in March in California was more than 5%. Because the state's labor force is so large, that was more than a million people out of work.
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Currently, jobless claims are holding at record lows, indicating a lack of layoffs and ongoing strength for the nation's labor market.
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Investors should remember that election cycle hyperbole and rhetoric is nothing new, and this could just be more of the same.
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The Bureau of Labor Statistics reported that March nonfarm payrolls rose by 215,000 and the unemployment rate ticked up to 5.0%.
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Investors should wonder if Federal Reserve Chair Janet Yellen tipped her hand that the markets might need to brace for a weak or soft payrolls report on Friday.
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The U.S. Department of Labor issued its last official labor number on Thursday before Friday's key unemployment and payrolls report.
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According to Challenger, Gray & Christmas, layoffs in March were nearly 22% lower than in February, but nearly 32% higher than a year ago.
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ADP released its National Employment Report, showing that the private sector employment increased by 200,000 jobs in March.
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ThinkstockAs unemployment dropped to 4.9% in February, three states had unemployment rates of under 3%. They were New Hampshire at 2.7%, South Dakota at 2.7%, and North Dakota at 2.9%. Many...
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The unemployment level in the United States in February was less than 5%. Alaska and five other states lagged well behind that.
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