Jobless Claims

All three major U.S. stock indexes closed at record highs on Wednesday, fueled by a strong rally in technology shares and encouraging comments from Federal Reserve Chair Jerome Powell. Salesforce’s positive earnings report and upbeat market sentiment contributed to the surge, while Powell’s remarks on the economy provided an additional boost.

Economists anticipate the unemployment rate to experience a slight increase, moving to 3.5% from April's 53-year record low of 3.4%.

As of the week ending February 25, about 1.72 million people were receiving jobless aid, an increase of 69,000 from the previous week.

President Joe Biden claimed the first two years of his presidency marked record job growth following Friday’s employment report.

The U.S. economy added 261,000 new jobs in October, down from the upwardly revised 315,000 in September, according to the Bureau of Labor Statistics...

Topline A growing rash of economists are warning the odds of a recession have increased amid a historic inversion of the yield curve—a telltale sign...

U.S. stocks edged lower on Thursday on worries about the raging conflict in Ukraine and the outlook for U.S. interest rate hikes, putting the main indexes on course for their worst quarter since the pandemic crash in 2020.

er of unemployed people per job opening hovered at record-low levels in February, a new sign of the difficulty employers face in hiring and retaining workers. 

Unemployment claims jumping for the third week in a row this month under Biden admin.

Number of Americans applying for unemployment benefits rose last week to the highest level since mid-November.