Tag: U.S. labor market


U.S. Labor Market Picture Improves

October 7, 2021


The U.S. labor market picture is improving, according to two reports released this week. First is the U.S. Department of Labor Initial Claims report released on Thursday morning. These are claims filed by unemployed individuals with the Labor Department after […]


U.S. economy is ‘on the brink’ of a complete recovery, says Richmond Fed’s Barkin

March 22, 2021


The U.S. economy is recovering from the Covid-19 recession, but some economic “scarring” may take a long time to heal, said Richmond Federal Reserve Bank President Thomas Barkin. Economic scarring refers to damage left behind by crises that will suppress […]


From Disney to Shell, companies announced tens of thousands of job cuts over just one day

October 1, 2020

Via: Fortune

Tens of thousands of job cuts announced by blue-chip companies in a 24-hour period are a warning sign for the world’s recovery and emerge just ahead of two key reports forecast to show limited progress in the U.S. labor market. […]


Jobless claims tumble to 213,000 just before Thanksgiving, back near postrecession low

November 27, 2019

Via: Market Watch

The numbers: The number of people who applied for unemployment benefits fell sharply in the week before Thanksgiving, putting jobless claims back near historic lows and reflecting the persistent strength in the U.S. labor market. Initial jobless claims declined by […]