All assets associated with the tag: unemployment
Get the very latest information on North Carolina and U.S. unemployment applications, rates and other economic news. A record 445,000 North Carolinians have filed for unemployment in the wake of the coronavirus pandemic, with many more expected to file. The U.S. unemployment rate hit 10 percent on April 9, 2020, with more job losses and filings expected. The rates could rise to levels not seen since the Great Depression, which began in 1929 and lasted until 1939.
Fewer Americans filed for unemployment benefits last week as the labor market remains tight, even as the Federal Reserve has tried to cool the economy and inflation by raising interest rates.
The number of first-time claims for unemployment insurance fell unexpectedly to 190,000 for the week ending January 14, according to data released Thursday.
Jobless rates for Black women and Latino men still haven’t recovered fully from the pandemic even as the unemployment rate overall has dropped.
U.S. applications for unemployment benefits fell to their lowest level in 15 weeks as the job market continues to show resiliency in the face of attempts by the Federal Reserve to cool the economy.
Friday's U.S. jobs reports show many positives - from growth in jobs to a drop in unemployment to labor participation rate - leaving economists such as Dr. Mike Walden of N.C. State wrestling to get a handle on the report's impact.
The number of people seeking unemployment benefits rose only slightly last week with the labor market remaining strong despite the Federal Reserve's efforts to cool the economy and hiring.
As Wall Street and Main Street fret about a potential recession, White House officials are projecting confidence about the economy's ability to weather the storm in 2023.
By Matt Egan and Maegan Vazquez, CNN
Antwon Keith moves up to assistant secretary, in charge of the Division of Employment Security.
Travis Fain, WRAL state government reporter
The number of Americans applying for unemployment benefits fell significantly last week, a sign that the labor market remains strong even as the Federal Reserve continues to raise interest rates in an effort to cool the economy and slow inflation.
RALEIGH – Unemployment increased in all North Carolina’s metropolitan areas and in 99 of 100 counties in October – a […]
The number of Americans applying for unemployment benefits came back down last week, hovering near levels suggesting the U.S. labor market has been largely unaffected by the Federal Reserve's aggressive interest rate hikes.
The number of Americans applying for unemployment benefits rose to the highest level since August but still remains low by historic standards.
Applications for jobless claims, which generally represent layoffs in the U.S., have remained historically low this year, deepening the challenges the Federal Reserve faces as it raises interest rates to try to bring inflation down from near a 40-year high.
The number of Americans applying for unemployment benefits fell last week and remains historically low even as the U.S. economy slows in the midst of decades-high inflation.
NCSU economist Dr. Mike Walden sees a mix bag of indicators in Friday's jobs report but concludes that the Federal Reserve is likely to hike interest rates again in its ongoing battle with inflation.
The economy added 263,000 jobs in September, the Bureau of Labor Statistics reported Friday. That's slightly higher than economists' estimates of 250,000, according to Refinitiv.
Technology companies and firms with big investments in information technology are cutting jobs across the US, according to recent reports tracking tech layoffs.
High-tech job openings across North Carolina are falling with the available positions dipping to their lowest total in eight months, according to the latest Tech Talent Trends Alert from the NC Technology Association.
Initial claims for unemployment insurance were 213,000 for the week ended September 10, down 5,000 from a downwardly revised total of 218,000 claims from the prior week, according to Labor Department data released Thursday. That is the lowest level since May 28.
Despite fears of a recession, the labor market is showing no signs of weakening. The number of first-time claims for unemployment benefits fell by 6,000 to 222,000 for the week ended September 3, according to Department of Labor data released Thursday.
The pace of job growth slowed in August but labor force participation increased. That's good news, says UNC-CH economist.
America’s employers slowed their hiring in August in the face of rising interest rates, high inflation and sluggish consumer spending but still added 315,000 jobs. And NCSU economist Dr. Mike Walden says more people are wanting to work, the result being an increase in the national unemployment rate.
North Carolina's Department of Commerce released the July unemployment numbers for each county this week.
Unemployment rates decreased throughout North Carolina in July, with all 100 counties seeing a dip in their percentage, according to a new report form the North Carolina Department of Commerce.