unemployment Archives

Read the Fine Print: May Jobs Report Paints Inaccurate Picture of Unemployment Rate

The May jobs report from the Bureau of Labor Statistics was surprisingly strong judging from the headline numbers. As Michael Eisenband of FTI Consulting explains, a more thorough reading of the report shows that the unemployment rate was not entirely accurate. He points out the discrepancies and explains how this “economic happy talk” could lead to painful results in the long-term.

Fed Raises Interest Rates, First Rate Hike This Year

The Federal Reserve raised interest rates by a quarter-point, its first rate hike this year, in a decision that was widely anticipated by markets.

March 22, 2018 Federal Reserve Bank | Inflation | Interest Rates | Jerome H. Powell | unemployment Amanda Koprowski

Steady Unemployment Numbers Signal Resilient Market

In the week ending March 14, the advance figure for seasonally adjusted initial claims was 291,000, unchanged from the previous week, signaling the labor market remains resilient even as the economy cools.

March 20, 2015 unemployment ABF Journal

U.S. Jobless Claims Increase by 25,000

In the week ending February 7, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 25,000 from the previous week’s revised level, according to a U.S. Labor Department report.

February 13, 2015 Jobless Claims | unemployment ABF Journal

Unemployment Filings Lowest in More Than 10 Years

According to a labor department report, fewer Americans filed for unemployment benefits last week as the need to retain staff keeps firings at the lowest levels in more than a decade.

November 24, 2014 unemployment ABF Journal

Unemployment Filings Lowest in More Than 10 Years

According to a labor department report, fewer Americans filed for unemployment benefits last week as the need to retain staff has kept firings at the lowest levels in more than a decade.

November 20, 2014 unemployment ABF Journal

Surge in Hiring Pushes Unemployment to Six-Year Low

The Labor Department announced the nation’s economic recovery continued in September with the addition of 248,000 new jobs. The unemployment rate fell to 5.9%, its lowest level since July 2008.

October 6, 2014 unemployment ABF Journal

Four-Week Jobless Claims in U.S. Lowest Since 2007

Jobless claims fell by 27,000 to 300,000 in the week ended May 24. The four-week average declined to the lowest level since August 2007, before the last recession began, according to a Bloomberg report.

May 30, 2014 unemployment ABF Journal

U.S. Continuing Jobless Claims Lowest Since Dec. 2007

Though jobless claims increased by 28,000 to 326,000 in the week ended May 17, 2014, continuing claims fell to the lowest since December 2007, Bloomberg reported.

May 23, 2014 Bloomberg | unemployment ABF Journal

Unemployment Rate Falls to 6.3%, Lowest Since September 2008

The U.S. Bureau of Labor Statistics said total nonfarm payroll employment rose by 288,000, and the unemployment rate fell to 6.3% in April, the lowest since September 2008.

May 5, 2014 unemployment ABF Journal

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