Keyword: jobless
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New weekly applications for unemployment insurance rose last week for the first time since April, according to data released Thursday by the Labor Department. In the week ending June 12, seasonally adjusted initial jobless claims totaled 412,000, rising by 37,000 from the previous week’s revised level of 375,000. Claims had fallen in every consecutive week since the week ending May 1 before last, setting a series of new post-lockdown record lows.
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Initial Jobless claims continued their slide week-over-week (from 385k to 376k), but remain near pandemic lows (but are still almost double those pre-pandemic levels)…However, there are still over 15 million Americans on some form of government dole…And despite over 9 million job openings, over 11 million Americans remain on some form of pandemic-specific unemployment benefits…As the chart shows, there has been very little movement OFF the pandemic-based dole in over a year. Will the Democrats ever allow those couch-sitters to be free of government handouts?
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The number of Americans seeking new unemployment benefits dropped below 400,000 for the first time since March of last year — marking a new pandemic low, the feds said Thursday. Initial worker filings for jobless claims, seen as a signal of layoffs, reached 385,000 last week, down from 406,000 reported the prior week, according to data released Thursday by the Labor Department. It’s the fifth consecutive week of steady declines, but initial claims still remain substantially higher than pre-pandemic levels. The country was averaging just over 200,000 new claims per week in 2019.
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Mayor Bill de Blasio admitted Thursday that the Biden administration’s generous jobless benefits are hindering the return of employees to work as businesses try to reopen from COVID-19 shutdowns. “I think there’s an issue there,” Hizzoner acknowledged when asked at his daily briefing how he plans to rev up the city’s economy again if workers find it more lucrative to stay home than return to work. “And I think what you’re going to see is more and more people taking jobs because the unemployment is going to run out soon,” he said.
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Rochester News Layoffs Planned for GM Plant on Lexington Ave. in Rochester Apr 9, 2021 Layoffs are planned this summer at the General Motors plant on Lexington Avenue. Union representatives say 255 hourly and salary workers will lose their jobs in August. That's nearly one-third of the people working there. GM is now using an outside supplier for fuel injectors. And the union has been told if the plant doesn't get new work from GM, the plant will close in about a year and a half.
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The number of Americans seeking unemployment benefits rose slightly last week as February’s massive winter storm roiled the coronavirus-battered labor market, the feds said Thursday. The 745,000 initial jobless claims filed last week brought the total for the COVID-19 pandemic to nearly 80.4 million — a number more than twice the size of California’s population.
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New weekly jobless claims unexpectedly rose by 13,000 to 861,000 in the week that ended February 13, the Department of Labor said Thursday. Economists had expected claims to fall to 768,00 from the 793,000 initially reported for the prior week. The previous week’s figure was revised up by 55,000 to 848,000. Jobless claims can be volatile week to week so economists like to look at the four-week average. This fell to 833,250, 3,500 below the prior week’s average.
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President Joe Biden is calling on the Department of Labor to make this clear: Workers are entitled to refuse employment that jeopardizes their health, without sacrificing unemployment benefits. The issue is one that's played out differently state-by-state, with millions of Americans facing the choice of toiling at the front lines of a deadly pandemic or losing their ability to put food on the table.
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New weekly jobless claims fell by 89,000 to 803,000 in the week that ended December 19, the Department of Labor said Wednesday. The prior week’s initial claims number was revised up to 892,000 from the initial estimate of 885,000.
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Some 742,000 Americans applied for unemployment benefits last week as a surge in coronavirus infections threatened to shut down businesses again, the feds said Thursday. The latest batch of initial jobless claims brought the seasonally adjusted total filed during the coronavirus pandemic to roughly 68.1 million — equivalent to more than 42 percent of the nation’s workforce.
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Less than two months ahead of the presidential election – with concerns of foreign interference again at the forefront – a conservative political group is raising "serious concerns" about millions of donations reported by a major Democratic fundraising platform. A preliminary computer analysis by the Take Back Action Fund, obtained exclusively by Fox News, has found that nearly half of all 2019 donations to ActBlue were made by people claiming to be unemployed. Action Fund President John Pudner questioned the veracity of those donations and called it a loophole that must be closed for the sake of election integrity. "After...
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Mayor de Blasio is set to send out layoff notices Monday, but trimming the city workforce won’t come close to addressing the ginormous fiscal and economic challenges ahead. Consider the July jobless figures out last week: 15.9 percent statewide, 20 percent (one of five workers) in the city. In The Bronx, 25 percent were jobless, a rate last seen during the Great Depression. New York’s numbers are far worse than those for the nation, which saw only 10.2 percent of employees off the job. And don’t blame it all on COVID: Last week, the state was posting the third-lowest number...
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The number of Americans applying for unemployment benefits topped 1 million for the twentieth straight week — bringing the total number of initial jobless claims filed during the coronavirus pandemic to more than 55 million. An additional 1.186 million people filed for unemployment last week, according to the US Department of Labor. Jobless claims were down 249,000 from the week prior, but at a total of 55.3 million, the number of Americans who have filed for unemployment claims during the course of the pandemic is greater than the populations of New York and Texas combined — and has long since...
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New claims for unemployment benefits rose to 1.41 million last week, data from the Department of Labor showed Thursday. This is the 18th consecutive week of initial claims above 1 million. Prior to March, initial claims had never risen as high as 700,000. Economists had forecast 1.3 million claims. The prior week was initially reported as 1.3 million claims. The Labor Department revised that figure up by 7,000. Claims hit a record 6.87 million for the week of March 27. Until this week, each subsequent week has seen claims decline. Continuing claims during the week ending July 11 fell to...
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Preschool teacher Lainy Morse has been out of work for more than two months. But the Portland, Ore., child care center where she worked is considering a reopening. Morse says she is dreading the idea, as much as she loves the infants and toddlers for which she cared. "They always have snotty faces. It's just one cold after another," she says. "It feels just like an epicenter for spreading disease. And it feels really scary to go back to that." In addition to risking infection with COVID-19, going back to work would also mean a cut in pay for Morse....
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Initial jobless claims surged to more 6.6 million last week, the Labor Department said Thursday. That brings the two-week total to about 10 million due to the coronavirus-induced economic shutdown. The torrent of Americans filing for unemployment insurance skyrocketed last week as more than 6.6 million new claims were filed, the Labor Department reported Thursday. That brings to 10 million the total Americans who filed over the past two weeks. Economists surveyed by Dow Jones had expected 3.1 million for last week, one week after 3.3 million filings in the first wave of what has been a record-shattering swelling of...
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Applications for unemployment benefits fell to a new 49-year low for the third straight week, reflecting a tight job market. U.S. filings for jobless claims fell 3,000 to a seasonally adjusted 201,000 in the week ended Sept. 15, the lowest level since Nov. 15 1969, the Labor Department said Thursday. The four-week moving average, which is a better gauge for the direction of job market, was 205,750, a decrease of 2,250 from the previous week's 208,000, the lowest level since Dec. 6, 1969 when it was 204,500. The effects of Hurricane Florence, which hit North Carolina and South Carolina last...
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U.S. job openings rose to 6.7 million at the end of April, compared with the 6.3 million Americans who were unemployedThe U.S. had more job openings this spring than unemployed Americans. For the first time since such record-keeping began in 2000, the number of available positions exceeded the number of job seekers, the Labor Department said Tuesday, a shift that is rippling across the economy and affecting the behavior of employers and workers. U.S. job openings rose to a seasonally adjusted 6.7 million at the end of April, a record high, and more than the 6.3 million Americans who were...
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The state of California, the once Bright and Shinning star of the future of the USA Republic is that no more...not even a shadow of its former self. Once the land of aerospace, hot rods (auto engineering & development), surfers, massive tourism, now dies slowly on the vine of failed progressive, Democrat Party failed leadership and neglect. Read my lips..."There is no such thing as a free lunch. The streets of San Francisco & Los Angeles are filled with budding "tent cities" of the homeless, the streets are filled with garbage dirt, human waste rotting is the open air, unabated...
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The number of Americans filing for unemployment benefits fell to near a 44-year low last week, pointing to further tightening of the labor market even as economic growth appears to have remained moderate in the first quarter.
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