Stocks edge higher as Wall Street weighs fiscal stimulus
Financial markets rose on hopes the federal government will move to prop up the economy. Hurry, Wall Street's saying.
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Financial markets rose on hopes the federal government will move to prop up the economy. Hurry, Wall Street's saying.
As the pandemic slams the U.S. economy, layoffs are surging at restaurants, hotels and other businesses.
The two latest labor reports are a double dose of good news, especially the latter's biggest jump in three years
In another show of labor market strength, the number of people applying for unemployment checks fell by 8,000 to 237,000
The latest reading puts the total at 245,000, the 118th week it has stayed below 300,000
After Wednesday's selloff amid the latest Trump controversy, the market opened higher thanks to good corporate earnings news
A drop of 19,000 shows a healthy labor market, with new claims staying below 300,000 for well more than two years
The big drop shows that Americans are enjoying increasing job security as layoffs remain extremely low
15,000 more people filed for unemployment benefits in the latest week while the total remained well below 300,000
Last week’s drop to 235,000 new applications for benefits is just above the bottom hit in November
In the latest week, 10,000 fewer people applied for unemployment benefits, keeping a two-year trend intact
At 254,000 for the latest week, this marks the 93rd consecutive week below that key labor market threshold
The latest week’s number fell back by 11,000 to 254,000, the 88th consecutive week below 300,000
The 265,000 total is a three-month high, yet the fewest Americans are collecting unemployment checks since 2000
A drop of 3,000 puts the weekly total at 258,000, close to the 43-year low hit in September
And the less volatile four-week average fell to 249,250, its lowest level since November of 1973
The latest weekly reading slid to 249,000, its lowest mark since the spring and 83rd consecutive week below 300,000
The latest week saw 252,000 new applications for unemployment benefits, the 81st consecutive week below 300,000
At 260,000, the total has now stayed below the 300,000 threshold for 80 consecutive weeks
The latest weekly figure shows a drop of 4,000 to 259,000 -- pushing the streak to 79 straight weeks below 300,000
Total below 300,000 for the 73rd consecutive week, while separate report has wages and benefits up in 2nd quarter
Weekly claims, which are a proxy for layoffs, have been below 300,000 for 72 consecutive weeks, the longest stretch since 1973
Holding steady at last week's level of 254,000, the figure marks the 71st straight week below 300,000
Separate numbers from the government find fewer Americans sought unemployment benefits last week
Unemployment claims have remained below 300,000 for 69 straight weeks, longest such streak since 1973