HelpWanted.com

Jobless claims rise first time in a month

Jobless claims rise first time in a month
After three weeks of decline, more Americans applied for jobless claims last week. The Labor Department said on Thursday that last week, jobless claims rose by 23,000 to 248,000. Economists cite the lingering effects of the Omicron variant as a reason for the rise. 

Economist Ian Shepherdson said in a report, "The trend is still falling, unwinding the hit from the Omicron Covid wave, and claims likely will drop next week." He added, "The pre-Omicron low was [188,000] in the first week of December; we expect that to be reached again by late March."

The 4-week average for claims fell by 10,500 to 243,250. It was the second straight week of declines seen after rising for five weeks as the Omicron variant disrupted businesses in many parts of the US. In total, less than 1.6 million Americans were collecting jobless aid last week, with a decrease of about 26,000 from the previous week. There are about 4 million more job openings than unemployed workers and overall the job market is still healthy. Hiring remains strong and employers added  467,000 jobs last month.

Source: CBS News 
Tags In
Hiring In Retail Jobs In Assam

Previous days news

Feb 16 Feb 9 Feb 7 Feb 4 Feb 2

You might also like

Best tech jobs in the United States : BLS data

For several reasons, the IT sector is appealing to job seekers. ...Read more

Salaries for Californian fast food employees might rise to $22 per hour

Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...Read more

Workers leave as job dissatisfaction grows

Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more

Microsoft offers graduates from African nations job prospects in the US & Canada

New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more

Casper is hiring professional sleepers

A mattress company is searching for a role where napping while working is not only acceptable but also required. 'Casper Sleepers' are being hired by Casper, a New York-based business established in 2014. ...Read more

Others news
Category
Tags
Mizoram Jobs SWAN Job Training Advocate Jobs IBPS PET Exam Online Platform Deloitte India Job Search Tamil Nadu Millennials Salary Hike Jobless Rate Jobs In Travel And Tourism Maids Larsen And Toubro Entrepreneurship Work Struggle IT Industry ITJOBS Interview Tips Post Covid Chennai Jobs Fashion Compensation Full Time Reservation In Jobs World Bank Quota Wage Subsidy Scheme Haryana Investments Farming Job Strike Education India Macroeconomics ECommerce Hiring India Inc Economic Distress Law Graduates Digital India Jobs In Demand Job Switch Coursera Covid Pandemic REET 2021 IoT Tech Skills Finance Minister Career Switch
Articles

7 Signs That Tell You It’s Time to Quit Your Current Job

Last year, about 4,478,000 workers, which is approximately 3% of the workforce in the US (besides t ...Read more

Hiring Secrets of The Most Successful Companies

A successful company not only has growing revenues, but it also boasts of a brilliant workforce. Ma ...Read more

A Quick Look at The Great Resignation

The Great Resignation, as experts call it, is a rather fitting term for a phenomenon where millions ...Read more

Top paying Careers in 2021

The economy may be taking its time with recovery, but hiring and job hunting are at an all-time hig ...Read more