Author Archive

  • If Markets End Losing Streak, This Report Is Why

    The number of Americans seeking unemployment aid fell last week to 444,000, a new pandemic low and a sign that the job market keeps strengthening as consumers spend freely again, viral infections drop, and business restrictions ease, per the AP . Major US stock indexes rose after the report came... Go to Source Author:

    Posted at May 21, 2021 | By : | Categories : Quick Facts | 0 Comment
  • Jobless Benefits Too Generous? Debate Is Reignited

    The new monthly jobs report came in way below expectations on Friday, with employers hiring 266,000 people in April instead of the 1 million or so expected by analysts. The report has reignited a familiar political debate amid the pandemic, with those on the right arguing that President Biden's... Go to Source Author: John Johnson

    Posted at May 8, 2021 | By : | Categories : Quick Facts | 0 Comment
  • Jobs Report Misses Expectations by a Mile

    The new unemployment report for April is out, and the takeaway number didn't come close to meeting expectations. Details: The number: Employers added 266,000 jobs in the month, even though analysts had expected roughly 1 million, reports CNBC . The outlet characterizes the figure as a "huge letdown." What's more,... Go to Source Author: John Johnson

    Posted at May 8, 2021 | By : | Categories : Quick Facts | 0 Comment
  • Hiring Booms as Jobs Report Exceeds Expectations

    Analysts expected a strong jobs report, and the Labor Department delivered. Employers went on a hiring binge in March, and they're expected to continue for the near future. The highlights: A big number: Employers added 916,000 jobs last month, reports the AP , well above expectations of about 675,000.... Go to Source Author: John Johnson

    Posted at April 3, 2021 | By : | Categories : Quick Facts | 0 Comment
  • A Big Sign That the US Economy Is on the Upswing

    The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and a sign that the economy is improving. Thursday's report from the Labor Department showed that jobless claims fell from 781,000 the week before. It's the... Go to Source Author:

    Posted at March 26, 2021 | By : | Categories : Quick Facts | 0 Comment
  • A Big Sign That the US Economy Is on the Upswing

    The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and a sign that the economy is improving. Thursday's report from the Labor Department showed that jobless claims fell from 781,000 the week before. It's the... Go to Source Author:

    Posted at March 26, 2021 | By : | Categories : Quick Facts | 0 Comment
  • A Big Sign That the US Economy Is on the Upswing

    The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and a sign that the economy is improving. Thursday's report from the Labor Department showed that jobless claims fell from 781,000 the week before. It's the... Go to Source Author:

    Posted at March 26, 2021 | By : | Categories : Quick Facts | 0 Comment
  • Bars, Restaurants Give a Jolt to February Hiring

    The new unemployment report is out, and the numbers are stronger than expected. The highlights: New jobs: Employers added 379,000 jobs in February, above expectations of 210,000, reports the Wall Street Journal . The figure is well above the 49,000 jobs gained in January. The rate: The unemployment... Go to Source Author: John Johnson

    Posted at March 6, 2021 | By : | Categories : Quick Facts | 0 Comment
  • This State Wants Its Money Back After Overpaying Unemployed

    A recent letter in the mail to St. Louis salesman Mike Conners demanding he pay back the state of Missouri more than $7,500 in unemployment benefits caught him by surprise. But as FOX 2 reports, his letter was no anomaly: The state now says it paid out $150 million... Go to Source Author: Jenn Gidman

    Posted at February 17, 2021 | By : | Categories : Quick Facts | 0 Comment
  • Hiring Rights Itself After a One-Month Dip

    The new jobs report is out, and the big number is back in positive territory. Employers added a modest 49,000 jobs in January, though that was in line with expectations of 50,000, reports CNBC . The increase may be "tepid," as the AP describes it, but it also reverses... Go to Source Author: John Johnson

    Posted at February 6, 2021 | By : | Categories : Quick Facts | 0 Comment