US unemployment

US likely to temporarily ban work-based visas like H-1B due to rise in unemployment

The US will reportedly put a temporary ban on the issuance of some work-based visas like the H-1B, which is popular among highly-skilled Indian IT professionals, as well as visas for students and work authorisation that accompanies them, due to the high level of unemployment caused by the coronavirus COVID-19 spread.

May 09, 2020, 06:45 AM IST

US economy better than ever, unemployment nearing record low: Donald Trump

Donald Trump took to Twitter to say that the US economy is in good shape.

Jan 30, 2018, 06:48 AM IST

US jobless claims fall to near 44-1/2-year low

Initial claims for state unemployment benefits decreased 5,000 to a seasonally adjusted 229,000 for the week ended Oct.

Nov 02, 2017, 18:22 PM IST

US unemployment lowest in 9 years as job creation continues

The US unemployment rate in November fell to its lowest level since August 2007 as the economy continued to add new jobs, all but guaranteeing an interest rate hike this month.

Dec 02, 2016, 23:15 PM IST

US jobless claims trend at lowest since 1973

The Labor Department said initial jobless claims, a sign of the level of layoffs, fell by 18,000 to 259,000 in the week ending June 18. The prior week`s level was unrevised at 277,000.

Jun 23, 2016, 20:46 PM IST

Fed rate hike backed by strong US jobs report

The US economy pumped out 211,000 new jobs last month.

Dec 04, 2015, 20:56 PM IST

US unemployment rate holds at 5.0% on solid job creation

The US economy pumped out 211,000 new jobs in November.

Dec 04, 2015, 19:22 PM IST

US job growth fades in September; jobless rate 5.1%

The US job market faltered in September and hiring in prior months was slower than thought, the Labour Department said today in a report pointing to a slowing economy.

Oct 03, 2015, 00:26 AM IST

US jobless claims drop; imported inflation remains weak

The U.S. labor market appeared to gain momentum in early September as fewer Americans filed for weekly unemployment benefits, but weak inflation pressures may complicate the Federal Reserve`s decision whether to raise interest rates.

Sep 11, 2015, 10:27 AM IST

US unemployment falls to 5.1%, lowest since April 2008

The US economy generated a lower-than-expected 173,000 new jobs in August, the government reported Friday, but upward revisions to previous months` data sweetened the picture for hiring across the country.

Sep 04, 2015, 19:03 PM IST

US jobless claims fall

New claims for US unemployment benefits fell last week, the government said Thursday in a report adding further evidence of a tightening labor market.

Jun 19, 2015, 00:23 AM IST

Oil prices edge higher

Oil prices edged higher Tuesday as a weaker dollar offset disappointing manufacturing data out of top energy consumer China, traders said.

Mar 24, 2015, 19:12 PM IST

US jobless claims push back over 300,000 line

New claims for US unemployment insurance jumped last week to back above the 300,000 line, the Labor Department reported Thursday.

Feb 12, 2015, 22:01 PM IST

US jobless claims plunge 14%

New claims for US unemployment insurance benefits plunged to the lowest level in nearly 15 years last week, the Labor Department reported Thursday.

Jan 29, 2015, 19:54 PM IST

US jobless claims fall for fourth week in row

New claims for US unemployment insurance benefits fell last week, sticking to a downward trend as the labor market strengthens.

Dec 18, 2014, 20:38 PM IST

US jobless claims rise

The four-week moving average of claims rose by 6,250 to 294,000, compared with 334,750 a year ago.

Nov 26, 2014, 23:28 PM IST

US unemployment falls to 5.8% in October

The unemployment rate fell one-tenth of a percentage point to 5.8 percent, its lowest level since July 2008.

Nov 07, 2014, 19:11 PM IST

US jobless claims drop to lowest level in 14 years

Initial claims dropped by 23,000 to 264,000 in the week ending October 11, an eight percent decline from the previous week.

Oct 16, 2014, 19:49 PM IST

US jobless claims fall

New claims for US unemployment insurance benefits fell last week, fresh evidence of improvement in the jobs market, official data released Thursday showed.

Aug 28, 2014, 22:01 PM IST

US jobless claims rise to 6-week high

Initial claims for US unemployment insurance benefits rose to a six-week high last week but the overall trend continued to show a tightening labor market, government data showed Thursday.

Aug 14, 2014, 19:39 PM IST