US’ Employers Hired At A Slower Pace In September and August: Unemployment Up and New Job Creations and Down


CITY OF WASHINGTON (October 8, 2021)--U.S. employers unexpectedly hired at a slower pace in September than in August, with labor supply shortages and virus-related impacts still exerting considerable pressure on the economic recovery. The Labor Department released its September jobs report Friday morning. Here were the main metrics from the…

Unemployment Claims Increased Third Straight Week to 362,000: Virginia Among The Highest State Unemployment Initial Claims


CITY OF WASHINGTON (September 30, 2021)--- In the week ending September 25, the advance figure for seasonally adjusted initial claims was 362,000, an increase of11,000 from the previous week's unrevised level of 351,000. The 4-week moving average was 340,000, an increase of4,250   the previous week's unrevised average of 335,750. The…

Economy: UNEMPLOYMENT INSURANCE WEEKLY CLAIMS INCREASED BY 6000 FROM PREVIOUS WEEK


CITY OF WASHINGTON (September 23, 2021)-- In the week ending September 18, the advance figure for seasonally adjusted initial claims was 351,000, an increase of 6,000 from the previous week's revised level. The previous week's level was revised up by 3,000 from 332,000 to335,000. The 4-week moving average was 335,750,…

August Job Report: Employment Rose by 943,000, Unemployment Rate Dropped to 5.4%


CITY OF WASHINGTON (August 6, 2021)--- There was a lot to like in the Bureau of Labor Statistics’ latest jobs report: Employment rose by 943,000, the unemployment rate dropped to 5.4% and hundreds of thousands of people rejoined the workforce in industries all across the economy. These are all major improvements from the heights of the…