Unemployment Extension News




News Update: August's National unemployment figures were released today, they are showing a slight increase in unemployment nationwide:
4.4%

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8/27/2017: in August of 2017 : August's preliminary national unemployment rate is 4.3% with an estimated 185,000 new jobs added to the US economy. The long-term unemployment improved by 232,000 since July of 2016. There are currently almost 154 million Americans with full or part-time jobs. The number of unemployment claims rose by 2,000 - less than expected, to reach 234,000, mainly due to job losses in CA in the service industry. The four-week moving average decreased by 2,750, to 237,750. Insured unemployment remains unchanged at 1.96 million.

8/20/2017: in August of 2017 : 6 US states are at their historically lowest unemployment rate. ND at 2.2%, CO at 2.4%, AR at 3.4%, TN at 3.4%, OR 3.8%, and WA at 4.5%, while CA and MS lost their positions since July. Currently, all but 10 states have their unemployment rate below 5%. US employers created 1M new jobs since Jan 2017. More women and racial minorities are among US top executives than ever before. The new number of unemployment benefits claims decreased by 12,000, to reach a total of 232,000. The four-week moving average fell by 500, to reach 240,500. Insured unemployment fell by 3,000 to reach 1.95 million.



8/13/2017: in August of 2017 : The US hourly wages have increased to $26.36 (+2.5% since July of 2016), while consumer price index rose 1.7%. During the same period, the real national GDP increased at a slower pace of +2.1%. The number of building permits surged 7.5 %. The new number of unemployment claims increased by 3,000 to 244,000, mainly due to job losses in KS in Business and Professional Services. The four-week moving average decreased by 1,000 to 241,000. Insured unemployment fell by 16,000 to reach 1.91 million.

8/5/2017: in August of 2017 : July's national unemployment rate decreased to 4.3% (down 0.1%) with additional 209,000 jobs added to the US economy, mostly in Hospitality, Healthcare, and Professionals Services. Hourly rates improved by 9 cents since June and 2.5% since July of 2016. The labor participation rate inched up to 62.9% (+0.1%) but is still 3.3% below the pre-recession level (i.e. 8.4 million jobs permanently vanished from the US economy). The weekly claims for unemployment benefits decreased by 5,000, to 240,000. The four-week moving average rose by 2,500, to reach 241,750. Insured unemployment increased by 3,000 to reach 1.97 million.

7/30/2017: in July of 2017 : July's preliminary national unemployment rate is 4.3% with 180,000 new jobs added to the US economy. The Core Personal Consumption Expenditures Index is down 0.1% (at 1.4%). The long-term unemployment improved by 322,000 since June of 2016. The number of unemployment claims grew by 10,000 to reach 244,000, mainly due to new jobs in NY in transportation and warehousing. The four-week moving average remains unchanged at 244,000. Insured unemployment decreased by 13,000 to reach 1.96 million.

7/23/2017: in July of 2017 : 8 US states are at their historically lowest unemployment rate. Currently, all but 6 states have their unemployment rate at 5% and below, with almost half of all states with the rate below 4%. CO and ND lead with the rate of 2.3% while AK shuffles in the last place with 6.8%. The real unemployment rate is 8% (down 0.2% since May). The new number of unemployment benefits claims decreased by 15,000, to reach a total of 233,000. The four-week moving average fell by 2,250, to reach 243,750. Insured unemployment increased by 28,000 to reach 1.98 million.

7/16/2017: in July of 2017 : While U.S. job growth surpassed expectations, wages continue to lag. The average hourly rate is $26.25, an increase of +2.5% since June of 2016, while consumer price index rose 1.6%. During the same period, the national real GDP grew faster at an estimated +2.1%. FRED's reported a decrease in Labor Market Index to +1.5% (-1.8%). The new number of claims fell by 3,000 to 247,000 mainly to new jobs in CA, MO, and MA offset by job losses in NY across multiple industries. The four-week moving average increased by 2,250 to 245,750. Insured unemployment fell by 20,000 to reach 1.95 million.

7/9/2017: in July of 2017 : June's national unemployment rate increased to 4.4% (up 0.1%) with additional 222,000 jobs added by US employers - Education and Health +45,000, Professional Services +35,000, and Financial Services +17,000. Professional Services industry has also been the largest job growth engine with over 600,000 jobs added in the past 12 months. Hourly rates increased by 4 cents since May and 2.5% since June of 2016. The labor participation rate has slightly increased to 62.8% (up 0.1%), but it is still 3.4% higher than the pre-recession rate, which means that 8.7 million jobs have permanently vanished from the economy). The weekly claims for unemployment benefits increased by 4,000, to 248,000. The four-week moving average rose by 750, to reach 243,000. Insured unemployment increased by 11,000 to reach 1.96 million.



6/25/2017: in June of 2017 : The US Federal Reserve Bank hiked the interest rates by 0.25% for the second time in 2017. The average hourly rate is $26.22, an increase of +2.5% since May of 2016, while consumer price index rose +1.9% and the national real GDP rose an estimated +1.7%. FRED's reported a favorable Labor Market Conditions Index of +3.5%. There are currently 6 million jobs that US employers are unable to fill due to the shortage of skills. The new number of claims decreased by 8,000 to 237,000 mostly due to job gains in TN and AR. The four-week moving average increased by 1,000 to 243,000. Insured unemployment increased by 6,000 to reach 1.94 million.

6/18/2017: in June of 2017 : Eight US states are at their historically lowest unemployment rate. CO at 2.3%, ND at 2.5%, ME at 3.2%, AR at 3.4%, OR 3.6%, WA at 4.5%, CA at 4.7%, and MS at 4.9%. Currently, all but seven states have their unemployment rate below 5%. The new number of unemployment benefits claims increased by 3,000, to reach a total of 241,000 mostly due to job losses in CA, MD, and WI in the service industry. The four-week moving average rose by 1,500, to reach 244,750. Insured unemployment increase by 8,000 to reach 1.94 million.

6/11/2017: in June of 2017 : May's national unemployment rate decreased to 4.3% (down 0.1%) with additional 138,000 jobs added by the US employers, mostly in Education and Healthcare +47,000, Professional Services +38,000, Hospitality +31,000, and Mining +6,000, while Government lost -9,000 jobs. The number of unemployed declined by 195,000 to 6.9 million. The labor participation rate weakened to 62.7% (down -0.2%). The weekly claims for unemployment benefits decreased by 10,000, to 245,000 due to the jobs added by Service industry in CA. The four-week moving average rose by 2,250, to reach 242,000. Insured unemployment fell by 2,000 to reach 1.92 million.

5/28/2017: in May of 2017 : While President Trump promises to increase U.S. economic growth to 4%, so far the economy continues to operate in a Goldilocks zone with an estimated annual rate of 1.2%. Low unemployment rates could encourage the Federal Reserve to raise interest rates. Manufacturing orders are also on the rise but at a slower pace. The new number of benefits claims increased by 1,000, to reach a total of 234,000, mainly due to job losses in MI. The four-week moving average fell by 5,750, to reach 235,250 - the lowest level since April of 1973. Insured unemployment increased by 24,000 to reach 1.92 million.

5/21/2017: in May of 2017 : Six US states are at or below their historically lowest unemployment rates. Only six remaining states have their unemployment rate above 5%. In a situation of almost full employment, economists are puzzled with more than modest increases in hourly wages. The new number of unemployment benefits claims decreased by 4,000, to reach a total of 232,000, mostly due to job gains in CA. The four-week moving average fell by 2,750, to reach 240,750. Insured unemployment declined by 22,000 to reach 1.90 million - the lowest level since November of 1988.

5/14/2017: in May of 2017 : The average hourly rate is $26.19, an increase of +2.5% since April of 2016, while consumer price index rose 2.3 %. During the same period, the national real GDP grew slower at an estimated +1.9%. FRED's reported a somewhat favorable Labor Market Index of +3.5%. The new number of claims decreased by 2,000 to 236,000. The four-week moving average increased by 500 to 243,500. Insured unemployment fell by 61,000 to reach 1.92 million - the lowest level since November of 1988.

5/7/2017: in May of 2017 : Unsurprisingly, April's national unemployment rate declined to 4.4% (down 0.1%) with an additional 211,000 jobs added by the US employers, mostly in Leisure and Hospitality +55,000, Education and Health Services +41,000, Professional and Business Services +39,000, Financial +19,000, and Mining +10,000, while high-tech lost -7,000 jobs. This sector has been on a decline in the past six months with cumulative 45,000 lost jobs. The number of unemployed fell by 146,000 to 7.06 million. The labor participation rate decreased to 62.9%. Also, it is 3.3% lower than the pre-recession rate. The weekly claims for unemployment benefits dropped by 19,000, to 238,000. The four-week moving average slightly increased by 750, to reach 243,000. Insured unemployment fell by 23,000 to reach 1.96 million.

4/30/2017: in April of 2017 : April's preliminary national unemployment rate is 4.4%. FRED's Labor Market index is down to 0.4%. The real unemployment rate is at 8.0%, 3.2% higher than the pre-recession rate of 4.8%. Real gross domestic product (GDP) rose at an unexpectedly low rate of 0.7% in the first quarter of 2017. The number of unemployment claims increased by 14,000 to reach 257,000, mainly due to 16,000 job losses in NY. The four-week moving average fell by 500, to reach 242,250. Insured unemployment increased by 10,000 to reach 1.99 million.

4/23/2017: in April of 2017 : Five US states are at their historically lowest unemployment rate. CO at 2.6%, ME at 3.0%, AR at 3.6%, OR 3.8%, and MS at 5.0%. Currently, all but 13 states have their unemployment rate below 5%. The new number of unemployment benefits claims increased by 10,000, to reach a total of 244,000. The four-week moving average decreased by 4,250, to reach 243,000. Insured unemployment fell by 49,000 to reach 1.98 million - the lowest level since April of 2000.

4/16/2017: in April of 2017 : The average hourly rate is $26.14, an increase of +2.7% since March of 2016. During the same period, the national real GDP grew a bit slower at an estimated +2.1%, while consumer price index increased by 2.4% resulting in paychecks remaining fundamentally flat year-over-year. FRED's reported a drop in Labor Market Index of -1.1% to 0.4%. The new number of claims decreased by 1,000 to 234,000 due to fewer job losses in MI. The four-week moving average declined by 3,000 to 247,250. Insured unemployment fell by 7,000 to reach 2.03 million.

4/9/2017: in April of 2017 : March's national unemployment rate decreased to 4.5% (down 0.2%) with additional 98,000 jobs added by the US employers, mostly in Professional and Business Services +56,000, Mining +11,000, Manufacturing +11,000, while retail lost -30,000 jobs. The number of unemployed declined by 326,000 to 7.2 million. The labor participation rate remains unchanged at 63.0% but is still 3.2% lower than the pre-recession rate. The weekly claims for unemployment benefits decreased by 25,000, to 234,000. The four-week moving average fell by 4,500, to reach 250,000. Insured unemployment fell by 24,000 to reach 2.03 million.



4/2/2017: in April of 2017 : March's preliminary national unemployment rate is 4.5%. While the overall unemployment situation has significantly improved since the recession, some minorities and lower-income groups remain affected by persistently high unemployment rates. It is highly unlikely that any improvements in those communities will be possible without outside intervention. The number of unemployment claims decreased by 3,000 to reach 258,000, mainly due to job recoveries in OH, KS, and MO in Manufacturing, Transportation, and Administrative industries. The four-week moving average rose by 7,750, to reach 254,250. Insured unemployment increased by 65,000 to reach 2.05 million.

3/26/2017: in March of 2017 : With nearly three-quarters of all states approaching full employment, average wages have started growing again. The new number of initial unemployment claims increased by 15,000 to reach 261,000, mainly due to job losses in OH, KS, and MO, including the closure of two Ohio coal plants. The four-week moving average rose by 3,500, to reach 246,500. Insured unemployment decreased by 35,000 to reach 1.99 million - a drop of nearly 200,000 since March of 2016. It is also the lowest level since May 2000.

3/19/2017: in March of 2017 : The average hourly rate is $26.09, an increase of +2.8% since February of 2016. During the same period, the national real GDP grew slower at an estimated +1.6%. FRED's reported no change in the Labor Market Index of +1.3%. The new number of claims decreased by 2,000 to 241,000 due to job gains in NY mostly in transportation and warehousing. The four-week moving average increased by 750 to 237,250. Insured unemployment fell by 30,000 to reach 2.03 million.

3/12/2017: in March of 2017 : February's national unemployment rate decreased to 4.8% (down 0.1%) with additional 235,000 jobs added by the US employers, mostly in Education and Health +62,000, Construction +58,000, while Retail lost -26,000 jobs. The labor participation rate has grown to 63.0% (up 0.1%) but is still 3.2% lower than the pre-recession rate (i.e. 8.1 million jobs permanently disappeared from the economy). The weekly claims for unemployment benefits increased by 20,000, to 243,000. The four-week moving average rose by 2,250, to reach 236,500. Insured unemployment fell by 6,000 to reach 2.06 million.

3/5/2017: in March of 2017 : Federal Reserve's Chair Janet Yellen confirmed that the interest rate would increase in late March. The new number of unemployment benefit claimants decreased by 19,000 to reach 223,000 mainly due to job gains in CA and MI. The four-week moving average fell by 6,250, to reach 234,250. Insured unemployment increased by 3,000 to reach 2.07 million.

2/26/2017: in February of 2017 : February's preliminary national unemployment rate is 4.8%. FRED's Labor Market index is up to 1.3%. The White House is preparing a plan to increase annual economic growth from the current 1.8-1.9% to 3-3.5%. The real unemployment rate is at 8.4%, while the long-term unemployment improved by 244,000 since January of 2016. The number of unemployment claims increased by 6,000 to reach 244,000, mainly due to job losses in MI and NJ in manufacturing and trade. The four-week moving average fell by 4,000, to reach 241,000, the lowest level since July 1973. Insured unemployment decreased by 17,000 to reach 2.06 million.

2/20/2017: in February of 2017 : While the US economy is not in a perfect state, most of the remaining issues are structural in nature and will require changes in the underlying market fundamentals to improve. Federal Reserve System plans to increase rates three times this year. The labor market is deemed to be at full employment, though we still haven't seen any significant hikes in wages. Building permits are up 4.6% since last month. The new number of unemployment claims increased by 5,000, to reach a total of 239,000 mainly due to job losses in CA in agriculture and forestry. The 4-week moving average rose by 500 to 245,250. Insured unemployment decreased by 3,000 to reach 2.08 million.

2/12/2017: in February of 2017 : The current average hourly rate is $26, an increase of +0.1% since January 2016 (or -1.5% when adjusted for inflation). During the same period, the real national GDP grew by an estimated +1.6%. The least of the real wage loss took place in mining and logging, while financial services suffered a 2.6% loss. The new number of unemployment claims decreased by 12,000 to 234,000. The four-week moving average fell by 3,750 to 244,250. Insured unemployment rose by 15,000 to reach 2.08 million.

2/5/2017: in February of 2017 : January's national unemployment rate increased to 4.8% with an additional 227,000 jobs added to the US economy, mostly in Retail, Construction, and Financial Services. Hourly rates improved by 3 cents since December and 2.5% since January 2016. The labor participation rate has grown to 62.9% (up 0.2%) but is still 3.3% lower than the pre-recession rate (i.e. 8.4 million jobs permanently disappeared from the economy). The weekly claims for unemployment benefits decreased by 14,000, to 246,000. The four-week moving average rose by 2,250, to reach 248,000. Insured unemployment fell by 39,000 to reach 2.06 million.

1/29/2017: in January of 2017 : January's preliminary national unemployment rate is 4.7%. President Trump calls for an overhaul of the unemployment rate calculations to more accurately reflect the state of the economy. As a result, the December 2016 unemployment rate of 4.7% may be revised to an estimated 6%. The number of unemployment claims increased by 22,000 to reach 259,000, mainly due to job losses in NY in transportation and warehousing. The four-week moving average fell by 2,000, to reach 245,500, the lowest level since November 1973. Insured unemployment rose by 41,000 to reach 2.10 million.

1/22/2017: in January of 2017 : The labor market is nearing full employment. The housing market is at an 8-year high, though it is still lower than the pre-recession level. Reported by the U.S. Labor Statistics Department, the new number of unemployment claims decreased by 15,000, to reach a total of 234,000 mainly due to added jobs in NY and GA, offset by job losses in CA. The 4-week moving average fell by 10,250 to 246,750. Insured unemployment decreased by 47,000 to reach 2.05 million.

1/15/2017: in January of 2017 : The average hourly rate is $26, an increase of +2.9% since December of 2015. During the same period, the national real GDP grew slower at an estimated +1.7%. FRED reported an unfavorable Labor Market Index of -0.3%. The new number of claims increased by 10,000 to 247,000 due to job losses in NY, GA, and TX mostly in hospitality, IT, and transportation. The four-week moving average declined by 1,750 to 256,000. Insured unemployment fell by 29,000 to reach 2.09 million.

1/8/2017: in January of 2017 : December's national unemployment rate increased slightly to 4.7%. The US employers added 156,000 new jobs with the vast majority in Education and Healthcare. Manufacturing rallied with 17,000 new jobs. Sadly, high-tech jobs moving overseas does not attract as much media attention as the outsourcing of manufacturing jobs, even though they command better wages and their dissipation destroys any hopes for middle-class upward mobility. The labor participation rate crawled up to 62.7% with no signs of improvement since October 2013. The weekly claims for unemployment benefits decreased by 28,000, to 235,000. The four-week moving average dropped by 5,750, to reach 256,750. Insured unemployment increased by 16,000 to reach 2.11 million.

1/1/2017: in January of 2017 : December's national unemployment rate forecast is 4.8% with approximately 160,000 new jobs added by US employers. The new number of benefits claims decreased by 10,000 last week, to reach 265,000 - 95th consecutive week of unemployment applications below 300,000. The four-week moving average fell by 750, to reach 263,000. Insured unemployment grew by 63,000 to reach 2.10 million.

12/18/2016: in December of 2016 : Industrial capacity utilization fell -0.4% month-over-month to 75%, the lowest level since 2010. New residential construction is also down by -4.7% comparing to last month and -6.6% vs. year ago. The new number of unemployment claims decreased by 4,000, to reach a total of 254,000 mainly due to job gains in NY and PA in construction, transportation, and warehousing. The four-week moving average increased by 5,250, to reach 257,750. Insured unemployment increased by 11,000 to reach 2.02 million.

12/11/2016: in December of 2016 : The current average hourly rate is $25.89, an increase of +2.5% since November 2015 (+0.9% when adjusted for inflation). During the same period, the national real GDP increased much faster by an estimated +1.6%. The labor participation rate declined from 62.8% to 62.7%. It is now 3.5% lower than the pre-recession level of 66.2%. FRED's Labor Market Index slightly improved to +1.5%. The new number of unemployment claims decreased by 10,000 to 258,000. The four-week moving average increased by 1,000 to 252,500. Insured unemployment decreased by 79,000 to reach 2.05 million.

12/4/2016: in December of 2016 : November's national unemployment rate declined to 4.6% with an additional 178,000 jobs in the US economy. If you are unable to feel this seemingly significant improvement in the unemployment rate, you are not alone, as this is just an effect of reassessment in the civilian labor population. The labor participation rate has declined to 62.7%, comparing to pre-recession 66.2%, signifying 8.9 million jobs permanently lost by US economy. The weekly claims for unemployment benefits increased by 17,000, to 268,000. The four-week moving average is flat at 251, 500. Insured unemployment rose by 38,000 to reach 2.08 million.

11/27/2016: in November of 2016 : November's preliminary national unemployment rate is 4.6%. Hourly rates and wages are also expected to outperform any post-recession rates. The last week number of unemployment claims increased by 18,000 to reach 251,000, mainly due to the effect of calculation methodology and doesn't reflect any actual job losses. The four-week moving average fell by 2,000, to reach 251,000. Insured unemployment rose by 60,000 to reach 2.04 million.

11/20/2016: in November of 2016 : For the first time since summer, FRED upgraded the Labor Market Index to positive. The US economy exhibits signs of accelerating growth partially due to businesses expediting hiring of new employees. The number of issued building permits is at 43-year high. The new number of unemployment claims decreased by 19,000 to reach 235,000, the lowest level since 1973. The four-week moving average fell by 6,500, to reach 253,500. Insured unemployment dropped by 66,000 to reach 1.98 million. However, the well-paid jobs represent just a small fraction of all newly created jobs with the majority in low-paying service, retail, security, and health care industries.

11/14/2016: in November of 2016 : The current average hourly rate is $25.92, an increase of +2.8% since October 2015 (or +0.9% when adjusted for inflation). During the same period, the national real GDP grew by an estimated +1.5% (or shrank by -0.3% when adjusted for inflation). Most of the growth took place in information technology and utilities, while the wages in retail, education and healthcare stagnated. The new number of unemployment claims decreased by 11,000 to 254,000. The four-week moving average increased to 259,750. Insured unemployment rose by 18,000 to reach 2.04 million.

11/6/2016: in November of 2016 : October's national unemployment rate decreased to 4.9% with an additional 161,000 jobs in the US economy, mostly in Private Education and Healthcare (fastest growing industries), Professional Services and Government (added 208,000 jobs since last October). The labor participation rate has slightly declined to 62.8% but is still 3.4% higher than the pre-recession rate (i.e. 8.6 million jobs permanently vanished from the economy). The weekly claims for unemployment benefits increased by 7,000, to 265,000. The four-week moving average rose by 4,750, to reach 257,750. Insured unemployment decreased by 14,000 to reach 2.03 million.

10/30/2016: in October of 2016 : Despite FRED's downgrade of the Labor Market index to negative, October's national unemployment rate decreased to 4.9% with approximately 160,000 new jobs created in US economy. The new number of unemployment benefit claims decreased by 3,000 to reach 258,000, mainly due to fewer layoffs in KY and MI. The four-week moving average rose by 1,000, to reach 253,000. Insured unemployment dropped by 15,000 to reach 2.04 million, the lowest level since mid-2000.

10/23/2016: in October of 2016 : Reported by the U.S. Labor Statistics Department, the new number of unemployment claims increased by 13,000, to reach a total of 260,000 mainly due to job losses in KY, CA, and MI. The 4-week moving average rose by 2,250 to 251,750. Insured unemployment increased by 7,000 to reach 2.06 million.

10/16/2016: in October of 2016 : U.S. average hourly rate grew by 2.6% since September 2015 in comparison with the real GDP that increased by only 1.4%. Most of the growth took place in high tech and the least in retail. The labor participation rate improved from 62.8% to 62.9% mainly due to higher employment among those with bachelor's or more advanced degrees, which has been the trend since 2000. The new number of unemployment benefit claims remains unchanged at 246,000. The four-week moving average decreased by 3,500, to reach 249,250, the lowest level since 1973. Insured unemployment fell by 16,000 to reach 2.05 million - considered the best employment situation since 2000.

10/9/2016: in October of 2016 : September's national unemployment rate increased to 5.0%. The US employers added 156,000 new jobs in professional services and healthcare. For the first time since March of 2016, the labor participation rate has improved to 62.9%. The weekly claims for unemployment benefits decreased by 5,000, to 249,000. The four-week moving average fell by 2,500, to reach 253,500 - the lowest level since 1973. Insured unemployment fell by 6,000 to reach 2.06 million.

10/2/2016: in October of 2016 : September's national unemployment rate has increased to 5.0% with approximately 170,000 new jobs added by US employers. Income taxes are up 6% since August, setting expectations for a strong economic growth. The new number of unemployment benefit claimants increased by 3,000 to reach 254,000 mainly due to job losses in MI. The four-week moving average fell by 2,250, to reach 256,000. Insured unemployment dropped by 46,000 to reach 2.06 million, the lowest level since mid-2000.

9/25/2016: in September of 2016 : While the new number of unemployment benefits claims decreased by 8,000 last week to reach the lowest 252,000 level in months, home sales have lost momentum, and the overall economic outlook appears to be somewhat discouraging. Economists predict payroll employment growth is just around the corner. Job gains took place in CA, TX, and NJ in Service industry. The four-week moving average increased by 2,250, to reach 258,500. Insured unemployment decreased by 36,000 to reach 2.11 million.

9/18/2016: in September of 2016 : U.S. average hourly rate increased by 2.5% since August 2015, meanwhile the real GDP grew by only 1.1 % during the same period. The economy reached equilibrium. Any improvements will require significant effort on the part of the U.S. government. The new number of unemployment benefit claims rose to 260,000 mainly due to job losses in VA. The four-week moving average decreased to 260,750. Insured unemployment increased by 1,000 to reach 2.14 million.

9/11/2016: in September of 2016 : Reported by the Department of Labor Statistics, the labor participation rate remains unchanged at 62.8%. It is 3.4% lower than the pre-recession level. The new number of unemployment benefit claims decreased by 4,000 last week, to reach a total of 259,000 due to job gains in NY, MI, and LA mostly due to new jobs in Transportation, Warehousing, and Education. The four-week moving average decreased by 1,750, to reach 263,000. Insured unemployment fell by 7,000 to reach 2.14 million.

9/5/2016: in September of 2016 : August's national unemployment rate remains unchanged at 4.9%. The US employers added 151,000 new jobs mostly in Healthcare, Food Services (fastest growing industry), and Professional Services. The unemployment rate has reached a plateau and has remained constant since the beginning of 2016. The labor participation rate is flat at 62.8% with no signs of improvement since October 2013. The weekly claims for unemployment benefits increased by 2,000, to 263,000. The four-week moving average decreased by 1,000, to reach 263,000. Insured unemployment increased by 14,000 to reach 2.16 million.

8/28/2016: in August of 2016 : August's preliminary national unemployment is 4.8% with approximately 150,000 new jobs added to US economy. The new number of unemployment benefits claims decreased by 1,000 to reach 261,000 mainly due to job gains in CA. The four-week moving average fell by 1,000, to reach 256,500. Insured unemployment dropped by 30,000 to reach 2.15 million.

8/21/2016: in August of 2016 : The new number of unemployment benefits claims decreased by 4,000 last week, to reach a total of 262,000. Job gains took place in PA, OH, and CA in Transportation and Warehousing, offset by job losses in OR. The four-week moving average increased by 2,500, to reach 265,250. Insured unemployment rose by 15,000 to reach 2.18 million.

8/14/2016: in August of 2016 : The current U.S. average hourly rate is at $25.69 (an increase of 2.6% since July 2015 or 1.6% when adjusted to account for the consumer price index). The new number of unemployment benefit claims rose to 266,000 mostly due to job losses in MI in Wholesale. The four-week moving average increased to 262,750. Insured unemployment rose by 14,000 to reach 2.16 million.

8/7/2016: in August of 2016 : July's preliminary national unemployment rate remains flat at 4.9% with approximately 200,000 new jobs added to already strong US economy. Economists predict that the interest rates may start rising sooner than anticipated. The new number of unemployment benefits claims rose by 14,000 last week, to reach 266,000 mainly due to job losses in NY, MI, and MO in Transportation, Warehousing, and Manufacturing. The four-week moving average decreased by 1,000, to reach 256,500. California’s unemployment rate increases for the first time since 2010. Insured unemployment grew by 7,000 to reach 2.14 million.

8/2/2016: in August of 2016 : July's preliminary national unemployment rate remains flat at 4.9% with approximately 200,000 new jobs added to already strong US economy. Economists predict that the interest rates may start rising sooner than anticipated. The new number of unemployment benefits claims rose by 14,000 last week, to reach 266,000 mainly due to job losses in NY, MI, and MO in Transportation, Warehousing, and Manufacturing. The four-week moving average decreased by 1,000, to reach 256,500. California’s unemployment rate increases for the first time since 2010. Insured unemployment grew by 7,000 to reach 2.14 million.

7/24/2016: in July of 2016 : July marks the 7th year of the economic recovery. In 2016, the economy has expanded by 2.6% or more than two times faster than the economic forecast. Manufacturing orders are also on the rise. The new number of unemployment benefits claims decreased by 1,000, to reach a total of 253,000, the lowest level since the beginning of summer, mainly due to job gains in NY and MI offset by job losses in GA and CA. The four-week moving average fell by 1,250, to reach 257,750. Insured unemployment decreased by 25,000 to reach 2.13 million.

7/17/2016: in July of 2016 : Reported by the Department of Labor Statistics, the current average hourly rate is at $25.61 (an increase of 65 cents compare to July 2015). The new number of unemployment benefit claims is flat at 254,000. The four-week moving average decreased by 5,750, to reach 259,000. Insured unemployment increased by 32,000 to reach 2.15 million.

7/10/2016: in July of 2016 : June's national unemployment rate increased to 4.9% mostly due to temporary jobs. The US economy added a total of 287,000 new jobs in Leisure, Hospitality, Education and Healthcare, while Transportation and Warehousing lost jobs. The real unemployment rate rose by 0.1% to 8.5%. The labor participation rate improved by 0.1% to 62.7% (still significantly lower than pre-recession 66.2%). The weekly claims for unemployment benefits decreased by 16,000, to reach 254,000. The four-week moving average fell by 2,500, to reach 264,750. Insured unemployment dropped by 44,000 to reach 2.12 million.

7/3/2016: in July of 2016 : Preliminary June 2016 U.S. unemployment rate is 4.9% with employers adding 287,000 new jobs. The new number of unemployment benefit claims increased by 10,000 last week, to reach a total of 268,000. Job gains took place in CA, NY, and PA across Manufacturing and Service industries. The four-week moving average remained unchanged from the previous week's 266,750. Insured unemployment decreased by 20,000 to reach 2.12 million.

6/26/2016: in June of 2016 : With one-third of all states approaching full employment, average wages are just about to start growing again, while the new number of unemployment benefit claims decreased by 18,000 last week, to reach a total of 259,000. Job gains took place in CA, PA, and NY in Service and Administrative industries, offset by job losses in NJ. The four-week moving average decreased by 2,250, to reach 267,000. Insured unemployment fell by 20,000 to reach 2.14 million.

6/19/2016: in June of 2016 : Annual growth is expected to be at 1.8% in 2016, down 0.6% from 2.4% last year. On the bright side, the economy is not at risk of overheating as it nears full employment. The interest rate is expected to increase only modestly. Reported by the Department of Labor Statistics, the new number of unemployment benefits claims rose by 13,000 last week, to reach a total of 264,000 due to job losses in CA and PA mostly due to layoffs in high tech industry. The four-week moving average decreased by 250, to reach 264,000. Insured unemployment rose by 45,000 to reach 2.16 million.

6/12/2016: in June of 2016 : Reported by the Department of Labor Statistics, the labor participation rate has dwindled further expanding the gap with the pre-recession level. It is now 3.6% lower than in 2008 signifying 9 million Americans have completely vanished from the workforce. This number includes the sick as well as others no longer actively looking for work. The new number of unemployment benefit claims decreased by 4,000 last week, to reach a total of 264,000 due to employment gains in CA, GA, and MO mostly due to seasonal jobs in the Service industry. The four-week moving average decreased by 7,500, to reach 269,500. Insured unemployment fell by 77,000 to reach 2.1 million.

6/05/2016: in June of 2016 : May's national unemployment rate dropped to 4.7% mostly due to contract and temporary jobs, while long-term unemployment situation hasn't improved. The US economy added a total of 38,000 new jobs in Healthcare offset by job losses in Mining. The real unemployment rate improved by 0.2% to 8.4%. The labor participation rate dropped by 0.2% to 62.6%. The weekly claims for unemployment benefits decreased by 1,000, to reach 267,000. The four-week moving average fell by 1,750, to reach 276,750. Insured unemployment increased by 12,000 to reach 2.17 million.

5/29/2016: in May of 2016 : Reported by the Labor Statistics Department, the new number of unemployment benefits claims decreased by 10,000 last week, to reach a total of 268,000. Job gains took place in MI, CA, and MO in Manufacturing, Hospitality, and Transportation with average wages in low $20's per hour, offset by job losses in TN. The four-week moving average increased by 2,750, to reach 278,500. Insured unemployment rose by 10,000 to reach 2.16 million.

5/22/2016: in May of 2016 : Reported by the U.S. Labor Statistics Department, the new number of unemployment benefits claims decreased by 16,000 for the week ended May 14, to reach a total of 278,000 mainly due to unrealized unemployment benefits for striking NY-based Verizon workers. The four-week moving average increased by 7,500, to reach 275,750. Insured unemployment fell by 13,000 to reach 2.15 million.

5/15/2016: in May of 2016 : Reported by the Department of Labor Statistics, the new number of unemployment benefits claims increased by 20,000 last week, to reach a total of 294,000 due to job losses in NY, PA, and MI mostly due to a 40,000-employee strike at NY-based Verizon. The four-week moving average increased by 10,250, to reach 268,250. Insured unemployment rose by 37,000 to reach 2.16 million.

5/8/2016: in May of 2016 : April's national unemployment rate remains flat at 5.0%. The US economy added a total of 160,000 new jobs. The real unemployment rate hasn't improved since November of 2015 and remains flat at 8.6%. The labor participation rate dropped by 0.2% to 62.8%. The number of weekly claims for unemployment benefits increased by 17,000, to reach 274,000 mainly due to job losses in MI, OH, and KS. The four-week moving average rose by 2,000, to reach 258,000. Insured unemployment fell by 8,000 to 2.12 million.

5/1/2016: in May of 2016 : Reported by the U.S. Department of Labor Statistics, the new number of unemployment benefits claims increased by 9,000 last week, to reach 257,000 mainly due to job losses in IL, MA, and RI across multiple industries, including Financial Services, Information Technology, and Education. The four-week moving average decreased by 4,750, to reach 256,000 - the lowest level since 1973. Insured unemployment fell by 5,000 to reach 2.13 million.

4/24/2016: in April of 2016 : Reported by the Labor Statistics Department, the new number of unemployment benefits claims decreased by 6,000 last week, to reach a total of 247,000 mainly due to job gains in NJ, NY and WI in Transportation, Warehousing, and Public Administration. The four-week moving average decreased by 4,500, to reach 260,500. Insured unemployment fell by 39,000 to reach 2.14 million - the lowest level since November 2000.

4/17/2016: in April of 2016 : This week marks the single longest stretch since 1973 of 58 sequential weeks of initial claims under 300,000, though there are 13.7 million unemployed Americans (or 8.6%) who are looking for a job, but unable to find one. The updated number of unemployment benefits claims decreased by 13,000 last week, to reach a total of 253,000 mainly due to job gains in CA and AR in services partially offset by job losses in NY, NJ, and PR in Transportation, Education, and Warehousing. The four-week moving average decreased by 1,500, to reach 265,000. Insured unemployment fell by 18,000 to reach 2.17 million.

4/10/2016: in April of 2016 : Reported by the U.S. Department of Labor Statistics, average wages grew 0.3% month-over-month. The new number of unemployment benefits claims decreased by 9,000 last week, to reach a total of 267,000 due to job gains in CA, PA, and NJ in Transportation, Accommodation, and Food Services. The four-week moving average increased by 3,500, to reach 266,750. Insured unemployment increased by 19,000 to reach 2.19 million.

4/3/2016: in April of 2016 : Reported by the Department of Labor Statistics, March's national unemployment rate increased to 5.0%. Employers added 215,000 new jobs. The real unemployment rate remained flat at 8.6%. The number of new claims for unemployment benefits rose by 11,000 last week, to reach a total of 276,000. The four-week moving average increased by 3,500, to reach 263,250. Insured unemployment decreased by 7,000 to reach 2.17 million.

3/27/2016: in March of 2016 : Reported by the U.S. Department of Labor Statistics, the number of new claims for unemployment benefits increased by 6,000 last week, to reach a total of 265,000 due to job gains in IL, NY, and NJ in Health Care, Social Assistance, and Administrative industries. The four-week moving average increased by 250, to reach 259,750. Insured unemployment decreased by 39,000 to reach 2.18 million.

3/20/2016: in March of 2016 : This week signifies a single longest stretch since 1973 of 54 consecutive weeks of initial claims under 300,000. The new number of initial unemployment benefit claims increased by 7,000 last week, to reach a total of 265,000 mostly due to job losses in CA and WA across multiple industries offset by job gains in NY, NJ, and IL. The 4-week moving average increased by 750, to reach 268,000. Insured unemployment rose by 8,000 to reach 2.24 million.

3/13/2016: in March of 2016 : Reported by the U.S. Department of Labor Statistics, February's real national unemployment rate is at 8.6% (a decrease of 0.1% from January) and 1.3% higher than pre-recession level. The new number of unemployment benefits claims fell by 18,000 last week, to reach a total of 259,000 due to job gains in NY in Transportation and Warehousing. The four-week moving average decreased by 2,500, to reach 267,500. Insured unemployment fell by 32,000 to reach 2.23 million.

3/3/2016: in March of 2016 : February's national unemployment rate remains flat at 4.9%. Reported by the US Department of Labor Statistics, the number of new claims for unemployment benefits increased by 6,000 last week, to reach a total of 278,000 mostly due to job losses in NY and CA, partially offset by job gains in the MA. The four-week moving average decreased by 1,750, to reach 272,000. Insured unemployment increased by 3,000 to reach 2.26 million.

2/28/2016: in February of 2016 : Published by the Department of Labor Statistics, the number of new unemployment benefits claims increased by 10,000, to reach a total of 272,000. Most of the new jobs were added in CA, NY, and MI, offset by the job losses in MA. The 4-week moving average declined by 1,250, to reach 272,000. Insured unemployment fell by 19,000 to reach 2.25 million. While the official unemployment rate is 4.9%, the real unemployment rate (includes long-term unemployed who no longer qualify for benefits) is at 8.7%.

2/21/2016: in February of 2016 : Reported by the Labor Statistic Department, the number of new claims for unemployment benefits decreased by 7,000 last week, to reach a total of 262,000. Most of the new jobs were created in PA, IL, and TX. The highest unemployment rates are in AK, WV, and NJ. The four-week moving average decreased by 8,000, to reach 273,250. Insured unemployment increased by 30,000 to reach 2.27 million. There are currently no states eligible for extended benefits.

2/15/2016: in February of 2016 : Reported by the Department of Labor Statistics, the number of new claims for unemployment benefits decreased by 16,000 last week, to reach a total of 269,000. IL, TN, and MD produced most of the new jobs across multiple industries. The four-week moving average decreased by 3,500, to reach 281,250. Insured unemployment dropped by 21,000 to reach 2.24 million. The long-term unemployment rate remains high at 1.3% of the total labor force.

2/7/2016: in February of 2016 : Reported by the Labor Statistics Department, January's national unemployment rate declined to 4.9%, the lowest level since February 2008. The number of new unemployment benefit claims increased by 8,000 last week, to reach a total of 285,000 due to job losses in IL, PA, and TN. The four-week moving average rose by 2,000, to reach 284,750. Insured unemployment decreased by 18,000 to reach 2.26 million.

1/31/2016: in January of 2016 : Reported by the US Department of Labor Statistics, the number of new claims for unemployment benefits decreased by 16,000 last week, to reach a total of 278,000 due to job gains in NY, PA, and GA in Transportation, Warehousing, and Manufacturing, partially offset by layoffs in the CA Service industry. The four-week moving average decreased by 2,250, to reach 283,000. Insured unemployment increased by 49,000 to reach 2.27 million. Preliminary January's national unemployment rate remains flat at 5%.

1/24/2016: in January of 2016 : Reported by the Department of Labor Statistics, the number of new claims for unemployment benefits increased by 10,000 last week, to reach a total of 293,000. CA, TX, and NY produced for most of the job losses mainly in the agriculture, manufacturing, and transportation industries. The four-week moving average increased by 6,500, to reach 285,000. Insured unemployment dropped by 56,000 to reach 2.21 million.

1/17/2016: in January of 2016 : Reported by the Department of Labor Statistics, the number of new claims for unemployment benefits increased by 7,000 last week, to reach a total of 284,000. NY, GA, and PA are responsible for most of the job losses in the transportation, warehousing, and manufacturing industries. The four-week moving average increased by 3,000, to reach 278,750. Insured unemployment increased by 29,000 to reach 2.26 million.

1/8/2016: in January of 2016 : Published today by the Department of Labor Statistics, the December unemployment rate remained steady at 5.0%. The new number of unemployment benefit claims decreased by 10,000 last week (mostly in CA, TX, and FL in the Service and Agriculture industries), to reach a total of 277,000. The four-week moving average declined by 1,250, to reach 275,750. Insured unemployment grew by 25,000 to reach 2.23 million.

1/2/2016: in January of 2016 : Published by the Labor Statistics Department, the new number of unemployment benefits claims increased by 20,000 last week (NJ by 7,000, MI by 6,000 and KY by 5,500), to reach a total of 287,000. The four-week moving average rose by 4,500 and now at 277,500. Insured unemployment grew by 3,000 to reach 2.2 million. The preliminary national unemployment rate for December is at 4.9%.

12/27/2015: in December of 2015 : Announced by the Labor Statistics Department, the number of new unemployment benefits claims decreased by 5,000 last week, to reach a total of 267,000. The four-week moving average declined by 1,750, to reach 272,500. Insured unemployment fell by 47,000 to reach 2.238 million. Most of the decrease in unemployment came from NY, PA, WI and GA with Transportation and Warehousing leading the change.

12/20/2015: in December of 2015 : Reported by the Labor Department, the number of new claims for unemployment benefits decreased by 11,000 last week (CA, NY, PA and TX are the major contributors), to reach a total of 271,000. The four-week moving average declined by 250, to reach 270,500. Insured unemployment decreased by 7,000 to reach 2.24 million.

12/13/2015: in December of 2015 : Reported by the Labor Statistics Department, the number of new claims for unemployment benefits increased by 13,000 last week, to reach a total of 282,000. WI, OH, and KY lost 9,000 jobs. The four-week moving average grew by 1,500, to reach 270,750. Insured unemployment rose by 82,000 to reach 2.24 million.

12/5/2015: in December of 2015 : Reported by the Department of Labor Statistics, November's unemployment rate is steady at 5.0% with 211,000 new jobs in the economy and improved 62.5% labor force participation rate, although the long-term unemployment situation hasn't improved since June. Last week, the number of new applications for unemployment benefits increased by 9,000, to reach a total of 269,000. The four-week moving average rose by 1,750, to reach 269,250. Insured unemployment rose by 6,000 to reach 2.16 million.

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11/29/2015: in November of 2015 : Reported by the Labor Statistics Department, the preliminary unemployment rate remains 5%, while the number of new claims for unemployment benefits decreased by 12,000 last week, to reach a total of 260,000. TX, KS, and NJ added most of the new jobs. The four-week moving average increased by 3,250, to reach 271,000. Insured unemployment rose by 34,000 to reach 2.21 million.

11/22/2015: in November of 2015 : Reported by the Labor Department, the number of new claims for unemployment benefits decreased by 5,000 last week, to reach a total of 271,000. TX and NJ outpaced all other states and created 3.3 and 2.1 thousand jobs while senators from MN attempted to extend the unemployment benefits. The four-week moving average increased by 3,000, to reach 270,750. Insured unemployment rose by 2,000 to reach 2.18 million.

11/15/2015: in November of 2015 : Reported by the US Labor Statistics Department, the number of new claims for unemployment benefits remained unchanged 276,000 last week. MI lost nearly 4,000 jobs in manufacturing followed by CA with 2,200 and IL with 1,800 jobs lost in construction and manufacturing industries. The four-week moving average increased by 5,000, to reach 267,750. Insured unemployment rose by 5,000 to reach 2.17 million.

11/8/2015: in November of 2015 : Reported by the Department of Labor Statistics, October's unemployment rate decreased to 5.0%, while the number of new claims for unemployment benefits increased by 16,000 last week, to reach a total of 276,000. CA, NY, PA, and NJ are responsible for the majority of the job losses across multiple industries. The four-week moving average increased by 3,500, to reach 262,750. Insured unemployment increased by 17,000 to reach 2.16 million. After a slight decrease in September, the long-term unemployment rate is up again.

11/1/2015: in November of 2015 : Reported by the Labor Statistics Department, the number of new claims for unemployment benefits increased by one thousand last week, to reach a total of 260,000. SC and MI lost 4,500 jobs while PA and TX added 6,500. The four-week moving average decreased by 4,000, to reach 259,250, the lowest level since December 1973 when it was 256,750. Insured unemployment declined by 6,000 to reach 2.14 million, the lowest level since November 2000 when it was 2.11 million.

10/25/2015: in October of 2015 : Reported by the Labor Department, the number of new claims for unemployment benefits increased by 3,000 last week, to reach a total of 259,000. TX, NY, and PA were the leaders of job losses with 7,000 hike across multiple industries. The four-week moving average decreased by 2,000, to reach 263,250, the lowest level since December 1973. Insured unemployment increased by 6,000 to reach 2.17 million. Short-term unemployment is on the rise with no improvements in the long-term unemployment rate.

10/18/2015: in October of 2015 : Reported by the Labor Statistics Department, the total number of unemployment benefits claims decreased by 7,000 last week, to reach a total of 255,000. MI and NY added 4,000 jobs in manufacturing, transportation and warehousing. The four-week moving average decreased by 2,250, to reach 265,000, the lowest level since December 1973 when it was 256,750. Insured unemployment decreased by 50,000 to reach 2,158 thousand, the lowest since November 2000.

10/11/2015: in October of 2015 : Reported by the Department of Labor Statistics, the total number of unemployment benefits claims decreased by 13,000 last week, to reach a total of 263,000. MI was the only state that lost jobs during this week. The four-week moving average decreased by 3,000, to reach 267,500. Insured unemployment increased by 9,000 to reach 2,204 thousand.

10/4/2015: in October of 2015 : Reported by the Department of Labor Statistics, September's unemployment rate remained flat at 5.1%. The number of new claims for unemployment benefits increased by 10,000 last week, to reach a total of 277,000. Most of the job losses took place in CA, KS, TX, and NY. The four-week moving average decreased by 1,000, to reach 270,750. Insured unemployment fell by 53,000 to reach 2.191 million, the lowest level since November 2000.

9/27/2015: in September of 2015 : Reported by the Department of Labor Statistics, the number of new claims for unemployment benefits increased by 3,000 last week, to reach a total of 267,000. The four-week moving average decreased by 750, to reach 271,750. Insured unemployment fell by 1,000 to reach 2.242 million. CA, TX, and NY led the improvement in employment figures by adding 12,000 new jobs in total. During this week, for the first time in almost seven years, all states reported a net positive increase in total jobs.

9/20/2015: in September of 2015 : Published by the Labor Department, the number of new claims for unemployment benefits decreased by 11,000 last week, to reach a total of 264,000. The four-week moving average increased by 3,250, to reach 272,500. Insured unemployment decreased by 26,000 to reach 2.24 million. NY created a significant 4,000 new jobs and outperformed the rest of the country for the second consecutive week. WA and TX lost nearly 2,500 jobs in manufacturing and construction.

9/13/2015: in September of 2015 : Reported by the Labor Statistics Department, the number of new claims for unemployment benefits decreased by 6,000 last week, to reach a total of 275,000. The four-week moving average increased by 500, to reach 275,750. Insured unemployment increased by 1,000 to reach 2.26 million. The economy performed better in NY and OH adding 6,000 new jobs while PA and CA lost 3,000 jobs.

9/5/2015: in September of 2015 : Last week`s number of new claims for unemployment benefits increased by 11,000, to reach a total of 281,000. The four-week moving average rose by 3 thousand, to reach 275,250. Insured unemployment decreased by 7,000 to reach 2.259 million. There are no specific factors or geographies contributing to this change.

8/29/2015: in August of 2015 : According to the Department of Labor Statistics, the number of new claims for unemployment benefits decreased by 6,000 last week, to reach a total of 271,000. The four-week moving average increased by 1,000, to reach 272,500. Insured unemployment increased by 13 thousand to reach 2.269 million. There are no specific factors or geographies contributing to this change.

8/16/2015: in August of 2015 : According to the Department of Labor Statistics, the number of new claims for unemployment benefits increased by 5,000 last week, to reach a total of 274,000. The four-week moving average decreased by 1,750, to reach 266,250 - the lowest unemployment average since April of 2000. Insured unemployment rose by 15 thousand to reach 2.273 million, with the highest job losses in VA manufacturing. CA, TN, and NY experienced fewer layoffs in services and health care.

8/9/2015: in August of 2015 : Reported by the Labor Statistics Department, July's unemployment rate is at 5.3%, the number of new claims for unemployment benefits increased by 3,000 last week, to reach a total of 270,000. The four-week moving average decreased by 6,500, to reach 268,250. Insured unemployment declined by 14 thousand to reach 2.255 million. There was a significant decrease in layoffs in MI, CA, GA and NY in manufacturing and service industries.

7/26/2015: in July of 2015 : Published by the Department of Labor Statistics, the number of new claims for unemployment benefits decreased by 15,000 last week, to reach a total of 281,000. The four-week moving average increased by 3,250, to reach 282,500. Insured unemployment decreased by 112 thousand to reach 2,215 thousand. MI, NY, and CA lost the most jobs while NJ created more jobs than any other state.

7/20/2015: in July of 2015 : Published by the Department of Labor Statistics, the number of new claims for unemployment benefits decreased by 15,000 last week, to reach a total of 281,000. The four-week moving average increased by 3,250, to reach 282,500. Insured unemployment decreased by 112 thousand to reach 2,215 thousand. MI, NY, and CA lost the most jobs while NJ created more jobs than any other state.

7/12/2015: in July of 2015 : Released by the Department of Labor Statistics, the number of new claims for unemployment benefits increased by 15,000 last week, to reach a total of 297,000 with most of job losses in NJ, MA, CA, and CT in education and service industries. The four-week moving average expanded by 4,500, to reach 279,500. Insured unemployment increased by 69 thousand to reach 2,334 thousand, the highest increase since November 2014.

7/7/2015: in July of 2015 : As announced today by the Department of Labor Statistics, June's national unemployment rate is at 5.3%. This 0.2% decrease from May's figure is mostly due to 0.3% (or 432,000 individuals) contraction in the labor force participation rate to 62.6%. Professional, business services and health care were identified as primary drivers behind the increase of 223,000 in the employed population.

7/2/2015: in July of 2015 : According to the Department of Labor Statistics, the number of new claims for unemployment benefits increased by 10,000 last week, to reach a total of 281,000. The four-week moving average rose by 1,000, to reach 274,750. Insured unemployment increased by 15 thousand to reach 2,264 thousand.

6/30/2015: in June of 2015 : According to the Department of Labor Statistics, the number of new claims for unemployment benefits increased by 3,000 last week, to reach a total of 271,000. The four-week moving average declined by 3,250, to reach 273,750. Insured unemployment increased by 22 thousand to reach 2,247 thousand.

6/21/2015: in June of 2015 : According to the Department of Labor Statistics, the number of new claims for unemployment benefits decreased by 12,000 last week, to reach a total of 267,000. The four-week moving average declined by 2,000, to reach 276,750. Insured unemployment dropped by 50 thousand to reach 2,222 thousand.

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*IMPORTANT: Be sure to check with your State for details on your full eligibility requirements, or to begin the voluntary benefits process.