Jobless Claims

Ahead of the assembly polls, West Bengal Chief Minister Mamata Banerjee said that from Saturday unemployed young job seekers, having passed secondary examination (class 10), will receive Rs 1,500 allowance every month to help them move towards a self-reliant future. The TMC supremo made this announcement - on the eve of International Women's Day on March 8 - during her speech at the sit-in against large-scale deletion of names of voters by the Election Commission during Special Intensive Revision (SIR) of electoral roll exercise. She said young men and women - aged 2140 years - who have passed the secondary exams - will receive Rs 1,500 per month from March 7. Bannerjee said while the assistance was originally scheduled to begin in April, it will now start immediately. "In the case of Yuva Sathi, all those who are still studying and are not beneficiaries of any schemes other than scholarships will receive the amount. We had earlier stated that the money would be given on April 1. Bu

Initial claims decreased by 12,000 to 216,000 in the week ended Oct. 26. The median forecast in a Bloomberg survey of economists called for 230,000 applications

Initial claims for state unemployment benefits dropped 9,000 to a seasonally adjusted 218,000 for the week ended Feb. 3, the Labor Department said on Thursday

Nonfarm productivity, which measures hourly output per worker, increased at a 3.2% annualized rate last quarter, the Labor Department's Bureau of Labor Statistics said on Thursday

The figures tend to be volatile around the holidays. The four-week moving average, which offers a clearer picture of the trend, was little changed at 212,000 last week, the lowest since late October

South Korea's unemployment claims rose last month amid growing worries about an economic slump, Labour Ministry data showed on Monday

The number of Americans applying for unemployment benefits rose last week but remains low by historic standards. U.S. jobless claims rose by 5,000 to 245,000, the Labour Department reported Thursday. The four-week moving average of claims, which evens out week-to-week ups and downs, fell by 500 to 239,750. At the start of the year, weekly claims were running around 200,000 and they have gradually moved higher. The weekly claims numbers are a proxy for layoffs, and they show that American workers enjoy unusual job security despite rising interest rates, economic uncertainty and fears of a looming recession. The U.S. job market is healthy overall. At 3.5% last month, the unemployment was a tick above January's half-century low 3.4%. Employers added 236,000 jobs in March, down from 472,000 in January and 326,000 in February but still strong by historic standards. The inflation fighters at the Federal Reserve worry that a tight job market puts upward pressure on wages and on overa

India's unemployment rate rose to 8.0% in November, highest in three months, from 7.77% in the previous month, data from the Centre for Monitoring Indian Economy (CMIE) showed

On inflation, he said that though it's a concern from the business angle, it can nevertheless provide a minimum threshold of returns on productive assets

India's unemployment rate hit a four-month high in December, data from the Centre for Monitoring Indian Economy (CMIE) showed

Continuing claims for state benefits fell to 2.8 million in the week ended Sept. 18.

Though the fiscal boost is fading and COVID-19 cases are rising in states with lower vaccination rates, consumer spending will likely continue to grow.

NEW YORK (Reuters) -U.S. stock markets turned positive on Thursday as investors digested data showing a two-month high in unemployment claims as the country still grapples with the pandemic, while yields on safe-haven assets such as U.S. Treasuries eased.

India's June unemployment rate fell to 9.17% from the May figure of 11.90%, data from the Centre for Monitoring Indian Economy (CMIE) showed on Thursday

Rate for the week to June 13 fell to 8.7% from 13.6% a week ago, data from Centre for Monitoring Indian Economy showed.

The claims dropped to 406,000, a new low since the Covid-19 pandemic ravaged the labour market early last year, the US Labour Department reported

Unadjusted claims dropped 47,170 to 709,458 last week, amid declines in Texas, New York and Mississippi, where claims had been boosted in the prior period by harsh weather

Mega-cap stocks Microsoft, Apple, Facebook and Amazon.com led the rally, recouping losses from a recent pullback and helping the benchmark S&P 500 surpass its Feb. 16 peak of 3,950.43

The United States is in the midst of a fresh wave of COVID-19 infections, with 4.2 million new cases and more than 35,000 coronavirus-related deaths reported in November.

Thursday's reports underscored the economy's strength and supported views that the United States would weather the impact of last month's British referendum to leave the EU