Jobless claims for the past week were lower than economists had predicted as workers begin returning to their jobs, according to data from the Labor Department shows.
The total number for jobless claims for the week ending in July 4 was 1.3 million, according to the Labor Department data, which is 99,000 fewer claims than the previous week. Economists surveyed by Down Jones had predicted 1.39 million jobless claims, according to CNBC.
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More than 1.5 million American workers filed new unemployment claims last week, according to the U.S. Department of Labor, even as state restrictions to slow the spread of COVID-19 are easing.
More than 45 million claims have been filed in the three months since state and local governments started restrictions that closed businesses deemed nonessential, but millions of those workers have since gone back to work as states began reopening their economies.
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Minnesota residents filed 25,549 new unemployment claims during the week ending June 13, down 2,762 new claims from the prior week.
The total number of unemployed Minnesota residents is 416,729.
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More than 29,209 Minnesota workers joined the ranks of the unemployed in the week ending June 6, bringing the total number of state residents filing unemployment claims to 439,782 since government restrictions were put in place to slow the spread of COVID-19.
Week-over-week, Minnesota witnessed an increase of nearly 7,555 new claims from the prior week, during which 21,654 new claims were reported.
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Even as Gov. Tim Walz allows more sectors of the economy to open, Minnesota unemployment ticked upward to 439,550 total claims in the week ending May 30, compared to 417,084 claims the prior week ending May 23.
All told, 22,466 new unemployment claims were filed in the state last week, a drop of 4,745 claims from the 27,211 claims initiated the prior week, an 18.5 percent week-over-week decrease.
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Minnesota’s unemployment numbers continue to tick slightly upward, according to U.S. Department of Labor numbers released Thursday morning.
The state added another 28,615 to its unemployment ranks in the week ending May 23, down only 278 claims from the previous week’s 28,893 claims. The total number of claims reported last week is 443,254, up 5,564 from the prior week’s reported 427,690 unemployment claims.
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More than 40 million Americans have filed unemployment claims since mid-March, when state governments across the U.S. began restrictions to slow the spread of COVID-19, including closing businesses deemed nonessential.
Last week, an additional 2.12 million workers filed claims, according to U.S. Department of Labor data released Thursday, the 10 consecutive week in which new jobless claims were in the millions. The 2.12 million claims from the week ending July 23 is down 323,000 from the 2.44 million workers who filed for benefits in the week ending May 16 and is the lowest number of new claims since the week ending March 15.
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New jobless claims continued their COVID-19 surge last week, driving the total number of those filing for unemployment benefits to more than 36 million over the past two months.
Even as many states across the country began easing restrictions and slowly reopening their economies, 2.98 million Americans filed for new unemployment benefits for the week ending May 9, according to data released Thursday by the U.S. Department of Labor.
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Another 4.4 million Americans filed for initial unemployment claims last week, raising the total to more than 26 million who have lost their jobs since the COVID-19 pandemic economic closures began in all 50 states more than a month ago.
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The five week surge in new unemployment claims continued last week as businesses deemed nonessential by state and local governments reduce staffing in response to COVID-19.
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The U.S. economy added 145,000 jobs in December, while the unemployment rate remained at 3.5%, according to Department of Labor data released Friday.
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The U.S. economy added 266,000 jobs in November, while the unemployment rate dropped to 3.5%, according to Department of Labor data released Friday.
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Minnesota added 7,400 jobs new jobs, which is the most of any month this year.
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The U.S. economy added 128,000 jobs in October, while the unemployment rate rose to 3.6%, according to Department of Labor data released Friday.
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The U.S. economy got another dose of amazing news on Oct. 4 when the national unemployment rate dropped to a 50-year low of 3.5 percent.
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The U.S. economy added 136,000 jobs in September, while the unemployment rate declined to 3.5%, according to the Department of Labor data released Friday.
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In 2016, when President Donald Trump was campaigning to black Americans, the appeal he made was a simple one, “What have you got to lose?”
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by Mary Margaret Olohan The U.S. economy added 224,000 jobs in June, while the unemployment rate slightly increased to 3.7 percent, according to Department of Labor data released Friday. 224,000 jobs were added in June, according to the Bureau of Labor Statistics report, about double the number economists predicted.…
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Hiring in the United States rebounded in March as U.S. employers added a solid 196,000 jobs, up sharply from February’s scant gain and evidence that many businesses still want to hire despite signs that the economy is slowing. The unemployment rate remained at 3.8 percent, near the lowest level in…
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Hiring tumbled in February, with U.S. employers adding just 20,000 jobs, the smallest monthly gain in nearly a year and a half. The slowdown in hiring, though, might have been depressed by harsh winter weather and the partial shutdown of the government. Last month’s weak gain came after employers had…
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A surge in U.S. job creation and some reassuring words from the head of the U.S. central bank sent U.S. stocks soaring Friday. The Labor Department reported a net gain of 312,000 jobs in December, far more than economists predicted. The unemployment rate, however, rose slightly, to 3.9 percent. Many…
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Tennessee’s unemployment rates remain low and the state added 45,000 jobs the past year, the National Federation of Independent Business said. According to the March 2018 numbers from the Tennessee Department of Labor and Workforce Development, 82 of the state’s 95 counties saw lower unemployment rates that month than they…
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Democrat US Senate candidate Phil Bredesen is using a new ad in an attempt to muddy the water around his dismal performance on jobs as Tennessee Governor and Republicans are determined to not let him get away with the deception. Phil Bredesen is out with another ad for his campaign for…
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