Jobless Claims Fall to Lowest Level in over 50 Years

The number of Americans who filed new unemployment claims decreased to 187,000 in the week ending March 19, the lowest level in over 50 years, the Department of Labor announced Thursday.

The Labor Department’s figure showed a decrease of 28,000 compared to the week ending March 12, when new claims numbered 215,000, according to data from the U.S. Bureau of Labor Statistics (BLS). This week’s claims were well below the predictions of economists surveyed by Bloomberg, who estimated that new claims would total 210,000.

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Jobless Claims Decrease as Labor Market Recovers Despite Surging COVID-19 Cases

Photo “Unemployment Insurance Claims Office” by Bytemarks. CC BY 2.0.

The number of Americans who filed new unemployment claims decreased to 260,000 in the week ending Jan. 22 as the tight labor market continues to show signs of strength despite surging cases of the Omicron coronavirus variant.

The Labor Department figure shows a 30,000 claim decrease compared to the week ending. Jan 15 when claims increased to 286,000. Economists surveyed by The Wall Street Journal estimated that new jobless claims would fall by just 21,000 to 265,000.

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Jobless Claims Soar Past Economists’ Projections

Unemployment sign

The number of Americans who filed new unemployment claims increased to 286,000 in the week ending Jan. 15, as the labor market continues to recover after surging COVID-19 cases.

The Labor Department figure shows a 55,000 claim increase compared to the week ending Jan. 8 when claims increased to 231,000. Economists surveyed by The Wall Street Journal expected claims would decrease to 225,000, MarketWatch reported.

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Jobless Claims Increase to 230,000

Unemployment sign

The number of Americans who filed for new unemployment claims increased to 230,000 in the week ending Jan. 8 as rising COVID-19 cases continue to put pressure on employers.

The Labor Department figure shows a 23,000 claim increase compared to the week ending Jan. 1, when jobless claims increased to 207,000. Economists surveyed by The Wall Street Journal expected claims would decrease to 200,000.

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Jobless Claims Jump to 207,000, Higher Than Anticipated

Photo “Unemployment Insurance Claims Office” by Bytemarks. CC BY 2.0.

The number of Americans who filed new unemployment claims increased to 207,000 in the week ending Jan. 1 as workers seek more attractive positions with better pay and Omicron coronavirus variant cases surge.

The Labor Department figure shows a 7,000 claim increase compared to the week ending Dec. 25, when claims reached a revised level of 200,000. Economists surveyed by The Wall Street Journal projected claims would decrease to 195,000.

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Jobless Claims Remain Near 52-Year Low

Photo “Unemployment Insurance Claims Office” by Bytemarks. CC BY 2.0.

The number of Americans who filed new unemployment claims decreased to 198,000 in the week ending Dec. 25 as employers continue to fight to retain workers amid a tight labor market and growing Omicron coronavirus variant concerns.

The Labor Department figure shows an 8,000 claim decrease compared to the week ending Dec.18, when claims reached a revised level of 206,000. Economists surveyed by The Wall Street Journal projected claims remain near last week’s reported level of 205,000.

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Jobless Claims Remain Near Record Lows

The number of Americans who filed new unemployment claims totaled 205,000 in the week ending Dec. 18, a new post-pandemic low.

The Labor Department figure shows an unchanged amount of claims from the previous week ending Dec. 11. Economists surveyed by The Wall Street Journal estimated that claims would remain around last week’s reported level of 206,000, just above the lowest number in 52 years.

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Jobless Claims Rise from a 52-Year Low

Unemployment sign

The number of Americans who filed new unemployment claims totaled 206,000 in the week ending Dec. 11 as the tight labor market continues to recover, though it remains far from pre-pandemic levels.

The Labor Department figure shows an 18,000 claim increase compared to the week ending Dec. 4 when jobless claims reached 184,000. Economists surveyed by The Wall Street Journal projected claims to increase to just 195,000 from the previous week’s figure.

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Jobless Claims Decrease to a 52-Year Low

Photo “Unemployment Insurance Claims Office” by Bytemarks. CC BY 2.0.

The number of Americans who filed new unemployment claims totaled 184,000 in the week ending on Dec. 4 as employers fight to retain workers during the busy holiday season, the Department of Labor reported.

The Labor Department figure shows a 43,000 claim decrease compared to the week ending Nov 27, when jobless claims increased to 220,000. Economists surveyed by The Wall Street Journal projected claims to decrease to 211,000 for the week ending Dec. 4. This latest report brings the number of weekly jobless claims to a 52-year low, the fewest since September 1969, CNBC reported.

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Jobless Claims Increase as Employers Fight to Keep Workers

Photo “Unemployment Insurance Claims Office” by Bytemarks. CC BY 2.0.

The number of Americans who filed new unemployment claims totaled 220,000 in the week ending on Nov. 27 as employers fight to retain workers heading into the holiday season, the Department of Labor reported.

The Labor Department figure shows a 28,000 claim increase compared to the number from the week ending on Nov. 20, when jobless claims dropped to a 52 year low of 199,000.

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Jobless Claims Drop by 71,000, Far Exceeding Experts’ Projections

The number of Americans who filed new unemployment claims decreased to 199,000 in the week ending on Nov. 20, reaching its lowest level in over 52 years.

The Labor Department figure shows a 71,000 claim decrease compared to the number of new claims filed in the week ending on Nov. 13, when jobless claims dropped to a revised 270,000. Wednesday’s report crushed the Dow Jones estimate of 260,000, CNBC reported.

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Weekly Jobless Claims Drop to New Pandemic Low

The number of Americans who filed new unemployment claims decreased to 267,000 in the week ending Nov. 6 as the labor market continues to improve, the Department of Labor reported Wednesday.

The Labor Department figure shows a 4,000 claim decrease compared to the week ending on Oct. 30, when jobless claims dropped to a revised 271,000. Wednesday’s release marks the lowest number of initial claims since March 14, 2020, when new jobless claims were 256,000.

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Jobless Claims Drop to 269,000, a Post COVID-19 Low

The number of Americans who filed for new unemployment claims decreased to 269,000 in the week ending Oct. 30 as the labor market continues to improve and the economy recovers from the COVID-19 pandemic.

The Bureau of Labor Statistics figure released Thursday shows a 14,000 claim decrease compared to the week ending Oct. 23, when jobless claims dropped to 283,000. Thursday’s release marks the lowest number of initial claims since March 14, 2020, when the number of new jobless claims was 256,000.

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