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While the number of people filing for unemployment dropped to 4.4 million, there are now 26 million Americans without work and economists expect the unemployment rate to hit 20%.
April 23 -
Jobless claims fell in the latest week though now 22 million Americans filed for unemployment since late March.
April 16 -
Incoming data continued to show massive hits from the efforts to stem the spread of COVID-19, with jobless claims doubling and the New York manufacturing sector hitting all-time lows in activity.
April 2 -
Initial jobless claims surged, as expected, hitting an all-time high of a seasonally adjusted 3.283 million in the week ended March 21, as the impacts of the coronavirus-driven closures showed in the numbers, the Labor Department said. The previous high for claims was 695,000 in October 1982.
March 26 -
As the Federal Reserve continues trying to keep markets liquid as the stock market sinks, economic data are showing the effects of COVID-19.
March 19 -
The PPI fell 0.6% in February, the biggest decline in over five years. The core rate fell 0.3%
March 12 -
Economists surveyed by IFR Markets expect Friday’s employment report to show a gain of 175,000 jobs in February.
March 5 -
GDP, jobless claims, pending homes sales rise while durable goods orders decline.
February 27 -
Economists say regional surveys show rebound for now, but forecast remains mixed.
February 20 -
Nonfarm productivity grew at a 1.4% pace in the fourth quarter after slipping 0.2% a quarter earlier, the Labor Department reported Thursday.
February 6