Dol news and trends

Weekly Jobless Claims Rise Less Than Economists Expected 
Economy // December 21, 2023

The number of initial claims for unemployment insurance rose by 2,000 during the week ended Dec. 16.  There were 205,000 initial claims filed that week, up from the revised level of 203,000 for the previous week, the Department of Labor (DOL) said in a Thursday (Dec. 21) press...

Initial Claims for Unemployment Benefits Decrease
Economy // August 24, 2023

Initial claims for unemployment insurance benefits decreased during the week ending on Saturday (Aug. 19). The seasonally adjusted figure for that week’s initial claims stood at 230,000, marking a decline of 10,000 from the previous week’s revised level, the U.S. Department of Labor (DOL) said...

US Jobless Rate Reportedly Surpasses 47 Pct Of Population
Economy // June 29, 2020

The U.S. Department of Labor (DOL) said the nation’s unemployment rate was 13.3 percent in May, but a closer look shows that the number is actually more than three times as large. CNBC reports that nearly half of the population is jobless. The employment-population ratio,...

Enticing Suppliers, Buyers To Embrace The Commercial Card
B2B Payments // January 22, 2020

Commercial cards remain only a fraction of the B2B payments space, but FinTech firms, banks and other financial service providers continue to develop new solutions aimed at boosting adoption. For companies like SmartEquip and Unified Payments Group, that means introducing new ways to lift the...

Quick Reads
Initial Claims for Unemployment Unchanged, Signaling ‘Fairly Tight’ Labor Market

May 02, 2024
The number of initial claims for unemployment insurance held steady during the week ending on Saturday (April 27). The total of 208,000 initial claims was unchanged from that of the previous week, which was revised up by 1,000 to 208,000, the Department of Labor (DOL) said in a Thursday (May 2) press release. The four-week moving average of […]

Weekly Jobless Claims Rise Less Than Economists Expected 

December 21, 2023
The number of initial claims for unemployment insurance rose by 2,000 during the week ended Dec. 16.  There were 205,000 initial claims filed that week, up from the revised level...

Initial Claims for Unemployment Benefits Decrease

August 24, 2023
Initial claims for unemployment insurance benefits decreased during the week ending on Saturday (Aug. 19). The seasonally adjusted figure for that week’s initial claims stood at 230,000, marking a decline...

US Jobless Rate Reportedly Surpasses 47 Pct Of Population

June 29, 2020
The U.S. Department of Labor (DOL) said the nation’s unemployment rate was 13.3 percent in May, but a closer look shows that the number is actually more than three times...