Weekly Jobless Claims | featured news

Jobless claims rose more than expected in the latest week, showing the labor market remains under pressure, while productivity rebounded a bit and labor costs fell.

Claims for unemployment benefits unexpectedly fell last week, dropping to a two-month low, according a government report on Thursday that hinted at some stability in the labor market.

New U.S. claims for unemployment benefits fell slightly more than expected last week, government data showed on Thursday.

The stock market tumbled again Thursday after another drop in the euro and disappointing U.S. employment news darkened investors already bleak view of the world economy. Interest rates fell sharply in the Treasury market as investors once again sought the safety of U.S. government debt.

The number of people filing new claims for unemployment benefits unexpectedly rose last week by the largest amount in three months.

Stock futures were only slightly higher after weekly jobless claims showed only the slight improvement already expected by economists. Several major Wall Street banks slipped in premarket trading.

The number of Americans filing claims for unemployment benefits dropped for a second consecutive week, further evidence that the job market is slowing improving.

The number of people applying for unemployment benefits jumped 24000 in the latest week, but the increase appeared to stem largely from the Easter holiday and other onetime factors that distorted the data.

The number of U.S. workers filing new applications for unemployment insurance fell sharply last week, while the number of those on continued benefits was the lowest since December 2008.

The number of newly laid-off workers filing initial claims for jobless benefits rose unexpectedly last week, evidence that layoffs are continuing and jobs remain scarce.