Unemployment Recent Update

jobs, unemployment rate

Unemployment stayed high but fell to 4.4% in December—these key sectors lost jobs

The unemployment rate was 4.4% in December as 50,000 nonfarm jobs were added in the U.S., lower than Wall Street’s estimates for unemployment to remain at 4.5% and an expected 55,000 jobs, according to FactSet.

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The US economy added just 50,000 jobs last month, but the unemployment rate fell

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Economy added 50,000 jobs in December while unemployment fell slightly

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US hiring held firm in December capping weakest year of growth since pandemic

Employers added 50,000 jobs, according to the US Bureau of Labor Statistics, despite a year of uneven growth

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Instant view: US job growth slows in December, backs Fed rate pause this month

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US economy added fewer jobs than forecast in December, but January interest rate cut very unlikely – as it happened

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New unemployment claims fell for third-straight week over holidays

That marks the third-straight weekly decline and the second-lowest weekly total this year, behind the 191,000—a three-year low—recorded over Thanksgiving week. Continuing jobless claims, or the number of people already receiving benefits, decreased to 1.86 million from 1.91 million, below estimates of 1.93 million.

Times Herald-Record

Unemployment claims in New York declined last week

U.S. unemployment claims dropped to 214,000 last week, down 10,000 claims from 224,000 the week prior on a seasonally adjusted basis. Nebraska saw the largest percentage increase in weekly claims, with claims jumping by 63.3%. West Virginia, meanwhile, saw the largest percentage drop in new claims, with claims dropping by 39.7%.

The Business Journals

Unemployment for recent grads is up as employers change hiring priorities

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Recent college graduates are ...