financetom
Economy
financetom
/
Economy
/
US weekly jobless claims fall; continuing claims increase
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US weekly jobless claims fall; continuing claims increase
Nov 20, 2025 7:11 AM

WASHINGTON (Reuters) -The number of Americans filing new applications for unemployment benefits fell last week, but more out of work people are struggling to find new opportunities amid weak hiring.

Initial claims for state unemployment benefits dropped 8,000 to a seasonally adjusted 220,000 for the week ended November 15, the Labor Department said on Thursday. The Labor Department resumed publishing the weekly claims report following the end of a 43-day government shutdown. Economists polled by Reuters had forecast 230,000 claims for the latest week.

The claims data covered the period during which the government would have surveyed business establishments for November nonfarm payrolls. 

The Bureau of Labor Statistics said on Wednesday that the data collection period for the establishment and household surveys would be extended, and extra processing time added. BLS canceled October's employment report because the longest shutdown in history prevented data collection for the household survey, from which the unemployment rate is calculated. 

October's nonfarm payrolls data will be released together with November's employment report on December 16. The unemployment rate for October will never be known.

The number of people receiving unemployment benefits after an initial week of aid, a proxy for hiring, increased 28,000 to a seasonally adjusted 1.974 million during the week ending November 8, the claims report showed.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Trump trade, immigration policies weigh on Texas economy
Trump trade, immigration policies weigh on Texas economy
Nov 4, 2025
Texas is experiencing a slowdown in job growth, while its southern border cities face potential budget strain as trade and immigration policies under President Donald Trump take hold. The Federal Reserve Bank of Dallas found an immigration crackdown is likely contributing to the triple-A-rated state's weak job growth, which has slipped below its 2.1% annualized rate from 2014-2024 to 1.5%...
US motor vehicle sales drop in October as EV subsidies expire
US motor vehicle sales drop in October as EV subsidies expire
Nov 4, 2025
WASHINGTON (Reuters) -Sales of U.S. light vehicles fell in October as the expiration of federal government subsidies undercut demand for battery-powered electric cars, and an easing labor market and looming higher prices from tariffs could limit any rebound this year. Light vehicle sales decreased 6.5% to a seasonally adjusted annualized rate of 15.3 million units last month, data from market...
US Dollar Rises Early Tuesday Ahead of Redbook, Consumer Sentiment
US Dollar Rises Early Tuesday Ahead of Redbook, Consumer Sentiment
Nov 4, 2025
07:43 AM EST, 11/04/2025 (MT Newswires) -- The US dollar rose against its major trading partners early Tuesday, except for a decline versus the yen, ahead of the release of weekly Redbook same-store sales at 8:55 am ET and consumer sentiment data for November from RealClearMarkets shortly after 10:00 am ET. International trade, factory orders and job openings data, all...
Supreme Court weighs legality of tariffs in major test of Trump's power
Supreme Court weighs legality of tariffs in major test of Trump's power
Nov 4, 2025
WASHINGTON (Reuters) -The U.S. Supreme Court is due on Wednesday to hear arguments over the legality of Donald Trump's sweeping tariffs in a case with implications for the global economy that marks a major test of the Republican president's powers and the willingness of the justices to let him push the limits of his authority. The arguments are set to...
Copyright 2023-2025 - www.financetom.com All Rights Reserved