Fewer Americans filed for jobless claims last week as the labor market continues to show resilience in the face of elevated interest rates intended to cool economic growth in the U.S. Applications for unemployment benefits fell by 8,000 to 212,000 for the week ending Feb. 10, the Labor Department reported Thursday. The four-week average of claims, which quiets some of …
Read More »Tag Archives: Labor
Date night strike: Thousands of US, UK delivery, ride-hailing drivers stop work on Valentine’s Day
Thousands of ride-hailing and delivery workers in the U.S. and the U.K. went on strike on Valentine’s Day, calling for higher pay and other changes to their working conditions. In the U.S., Uber and Lyft drivers planned daylong strikes in Chicago; Philadelphia; Pittsburgh; Miami; Orlando and Tampa, Florida; Hartford, Connecticut; Newark, New Jersey; Austin, Texas; and Providence, Rhode Island. Drivers …
Read More »US applications for unemployment benefits fall again despite recent layoff announcements
The number of Americans filing for jobless claims fell last week despite more layoff announcements from high-profile companies recently. Applications for unemployment benefits fell by 9,000 to 218,000 for the week ending Feb. 3, the Labor Department reported Thursday. The four-week average of claims, which evens out some of the weekly volatility, increased by 3,750 to 212,250. Weekly unemployment claims …
Read More »