Jobless Claims | featured news

New jobless claims rose more than expected last week due partly to an increase in layoffs by the automobile industry, while the number of people continuing to receive unemployment benefits set a record for the 15th straight week.

New US claims for state unemployment benefits fell sharply last week, the fourth decline in five weeks, providing further evidence that the pace of layoffs has slowed after months of steep job cuts.

The number of newly laid off U.S. workers filing claims for jobless benefits rose last week and sales of previously owned homes fell in March, data showed on Thursday, indicating the 16-month old recession was far from over.

Labor market takes a beating as 669,000 new unemployment claims emerge last week.

Wall Street pushed higher despite a jump in jobless claims and a cut in General Electric’s credit rating.

Nine states are considering rejecting federal stimulus money meant to extend unemployment benefits.

Claims for unemployment insurance jump, those living on unemployment benefits hits record high.

WASHINGTON (Reuters) - The number of workers lining up for jobless benefits surged last week, while new housing starts and permits hit record lows in December, pointing at an acceleration in the economy's downward spiral.

The number of workers filing claims for jobless benefits jumped last week to 54,000 as the recession forces companies to cut costs. Meanwhile, wholesale prices fell.