The number of initial claims for unemployment insurance in the United States rose by 18,000 during the week ended Saturday (April 26), the Department of Labor said in a Thursday (May 1) press release. The number reached 241,000, up from the previous week’s revised level...
Group of 30, an independent global consultative group, said Wednesday (April 30) that the Federal Reserve should focus on its 2% inflation target, prioritizing that over its unemployment objective. “The central bank should also shift the employment objective back to seeking the maximum level of...
Businesses may be feeling cautious because of uncertainty around tariffs, but they are generally not laying off workers. While the number of initial claims for unemployment insurance in the United States rose during the week ended Saturday (April 19), it remained “relatively subdued” and pointed...
The number of initial claims for unemployment insurance in the U.S. fell by 9,000 during the week ended Saturday (April 12), signaling a stable labor market. The number of jobless claims dropped to 215,000, down from the previous week’s revised level of 224,000, the Department...
April 02, 2025
There are fewer jobs to be had, and layoffs have inched up. Consumer confidence was already shaken ahead of the Bureau of Labor Statistics’ latest snapshot of the labor market released Tuesday (April 1). The specter of uncertain job security may accelerate a spending pullback already in motion. The bureau’s Job Openings and Labor Turnover […]
March 14, 2025
Airlines and some of the largest commerce firms are cutting guidance for the current quarter as consumers pull back at the register and on travel booking sites. There are signs...
January 10, 2025
For the jobs market, this is the way the year ends — not with a whimper but a bang. Data released Friday (Jan. 10) by the Bureau of Labor Statistics...
September 11, 2024
Cultivating a culture of adaptability positions firms to thrive despite economic wild cards, Franklin Madison Chief Financial Officer Preston Porter writes in a new PYMNTS eBook, “Beyond the Horizon: How...
May 01, 2025
The number of initial claims for unemployment insurance in the United States rose by 18,000 during the week ended Saturday (April 26), the Department of Labor said in a Thursday (May 1) press release. The number reached 241,000, up from the previous week’s revised level of 223,000. The four-week moving average increased by 5,500 and […]
April 30, 2025
Group of 30, an independent global consultative group, said Wednesday (April 30) that the Federal Reserve should focus on its 2% inflation target, prioritizing that over its unemployment objective. “The...
April 24, 2025
Businesses may be feeling cautious because of uncertainty around tariffs, but they are generally not laying off workers. While the number of initial claims for unemployment insurance in the United...
April 17, 2025
The number of initial claims for unemployment insurance in the U.S. fell by 9,000 during the week ended Saturday (April 12), signaling a stable labor market. The number of jobless...
