Top news
2.1 million new unemployment claims filed last week, as workers still struggle to get benefits
By Rebecca Rainey
2.1 million more Americans file jobless claims, bringing coronavirus crisis total to 40 million
By Catherine Thorbecke
US job losses pass 40m as coronavirus crisis sees claims rise 2.1m in a week
By Lauren Aratani
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Formerly TwitterU.S. Department of Labor
USDOL
Building on the momentum generated by historic American Rescue Plan Act investments in unemployment insurance modernization, we've released a comprehensive plan for transforming the unemployment insurance system. blog.dol.gov/2024/05/03/charting-a-path-for-unemployment-insurance
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U.S. Department of Labor
USDOL
These are the April unemployment rates by race. These figures change frequently month-to-month and the department tracks the trends. www.bls.gov/news.release/empsit.nr0.htm #JobsReport pic.twitter.com/kUTItt4OKu
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Heather Long
byHeatherLong
April jobs report key takeaways:
1) This is a historic job market w/unemployment under 4% for 27 months
2) Hiring is good, but slowing
3) Healthcare is now the major industry hiring
4) Wage growth is above inflation
5) Signs of cooling = temp help decline, avg work week down pic.twitter.com/sGUHTDZpHJ
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Heather Long
byHeatherLong
The big picture: US unemployment has been below 4% for 27 months. That's an incredible stretch that hasn't happened since the late 1960s.
Hiring has slowed in past year, but it's still encouraging:
Labor force +1.3 million in the past year as more people look for work.
# of… pic.twitter.com/w7QJBgWF4L
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All coverage
U.S. real unemployment rate passes 23.9% with 2.1 million weekly jobless claims, 40.7 million total claims for benefits ...
By Lance Lambert