US economy on solid ground as weekly jobless claims fall, home sales surge
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, while sales of previously owned homes increased by the most in a…
Former Postal Service Mail Carrier Charged with Bank Fraud, ID Theft for Allegedly Stealing Jobless Benefit Debit Cards from Her Mail Route
LOS ANGELES – A former United States Postal Service mail carrier was indicted today by a federal grand jury for her role in a scheme that allegedly defrauded banks out of…
U.S. weekly jobless claims rise for second straight week
(Reuters) – The number of Americans filing new claims for unemployment benefits rose for the second straight week, indicating further softening in the labor market despite still tight conditions as the Federal…
Amid clouds on economic horizon, Spain’s jobless rate stays below 3 million mark
(Reuters) – Spain’s jobless number remained below three million for the second month running, falling to 12.48% in the April to June period of 2022 compared to 13.65% three months earlier, data…
UK jobless rate holds at 3.8% as jobs boom continues
LONDON -Britain’s unemployment rate held at 3.8% in the three months to May and the number of people in work rose by the most since the middle of 2021, suggesting the cost-of-living…
Former Postal Service Mail Carrier Pleads Guilty to Federal Charges for Stealing Mail and Fraudulently Obtaining COVID-19 Jobless Benefits
LOS ANGELES – A former United States Postal Service (USPS) mail carrier pleaded guilty today to federal criminal charges for scheming to steal more than $250,000 in unemployment insurance (UI) funds…
Six Defendants Arrested on Federal Grand Jury Indictment Alleging They Fraudulently Obtained $2 Million in COVID-19 Jobless Benefits
LOS ANGELES – Law enforcement today arrested six defendants charged in a federal grand jury indictment alleging they fraudulently obtained more than $2 million in COVID-19-related unemployment insurance (UI) benefits by…
Rapper Who Bragged About COVID-Related Jobless Benefits Scam Agrees to Plead Guilty to Federal Fraud and Firearm Charges
LOS ANGELES – A rapper who boasted in a YouTube music video about getting rich by committing pandemic-related unemployment benefits fraud has agreed to plead guilty to federal fraud and firearms…
Russia’s jobless rate falls to record low but economic hurdles mount
MOSCOW – Russia’s unemployment rate dropped to a record low in May but industrial output fell and consumer demand, measured by retail sales, waned after a decline in real wages amid high…
Brazil’s jobless rate drops to 10.5% in quarter through April
SAO PAULO – Brazil’s jobless rate fell to 10.5% in the three months through April, making it the lowest since early 2016, statistics agency IBGE said on Tuesday. The unemployment rate came…
Japan’s jobless rate falls to 2.5% in April – government
TOKYO – Japan’s jobless rate fell to 2.5% in April, while the availability of jobs increased, government data showed on Tuesday. The seasonally adjusted unemployment rate was lower than the 2.6% reported…
Postal Service Mail Carrier Arrested on Federal Complaint Alleging Scheme to Fraudulently Obtain Nearly $800,000 in Jobless Benefits
LOS ANGELES – Federal authorities this morning arrested a United States Postal Service (USPS) mail carrier and a Santa Clarita Valley man for allegedly scheming to steal approximately $800,000 in unemployment…
Portugal’s first-quarter jobless rate drops to 5.9%
(Reuters) – Portugal’s unemployment rate in the first quarter fell to 5.9%, from 7.1% a year earlier, and from 6.3% in the preceding three months, official data showed on Wednesday. The youth…
Spain’s April jobless number slips, formal jobs at record high
MADRID – The number of people registering as jobless in Spain fell 2.77%in April to 3.02 million people, the lowest level since July 2019, as hirings sped up and took formal jobs…
Japan jobless rate hits lowest in almost 2 years, economic outlook still shaky
By Kantaro Komiya TOKYO -Japan’s jobless rate unexpectedly fell to 2.6% in March, hitting the lowest rate since April 2020, although the number of furloughed workers remained high due to effects of…
Brazil’s jobless rate hits six-year low for quarter through February
BRASILIA – Brazil’s jobless rate stood at 11.2% in the three months through February, statistics agency IBGE said on Thursday, the lowest level for the period in six years, amid a drop…
Jobless Claims Fall To Lowest Level In Over 50 Years
Jobless Claims Fall To Lowest Level In Over 50 Years Harry Wilmerding on March 24, 2022 The number of Americans who filed new unemployment claims decreased to 187,000 in the week ending…
Jobless Claims Decrease By 15,000
Jobless Claims Decrease By 15,000 Harry Wilmerding on March 17, 2022 The number of Americans who filed new unemployment claims decreased to 214,000 in the week ending March 12, the lowest level…
New Weekly Jobless Claims Tick Up By 11,000
New Weekly Jobless Claims Tick Up By 11,000 Harry Wilmerding on March 10, 2022 The number of Americans who filed new unemployment claims increased by 11,000 to 227,000 in the week ending…
New Jobless Claims Dip To 232,000
The number of Americans who filed new unemployment claims decreased to 232,000 in the week ending Feb. 19, the Labor Department announced Thursday. The Labor Department’s figure showed a decrease of 17,000…
Weekly Jobless Claims Increase To 248,000
The number of Americans who filed new unemployment claims increased to 248,000 in the week ending Feb. 12, the Labor Department announced Thursday. The Labor Department’s figure showed an increase of 23,000…
U.S. consumer prices post largest annual gain in 40 years; weekly jobless claims fall
By Lucia Mutikani WASHINGTON – U.S. consumer prices rose solidly in January, leading to the biggest annual increase in inflation in 40 years, fueling financial markets speculation for a 50 basis points…
Jobless Claims Drop For Third Straight Week
The number of Americans who filed new unemployment claims decreased to 223,000 in the week ending Feb. 5, the Labor Department announced Thursday. The Labor Department figure showed a decrease of 16,000 claims…
Jobless Claims Drop Below Expectations
The number of Americans who filed new unemployment claims decreased to 238,000 in the week ending Jan. 29, the Labor Department announced Thursday. The Labor Department figure showed a 23,000 claim decrease compared…
Japan’s Dec jobless rate falls as monthly employment gain hits near 36-year high
TOKYO – Japan’s jobless rate fell to 2.7% in December as employment posted the biggest monthly gain in nearly 36 years, government data showed on Tuesday. The seasonally adjusted unemployment rate in…
Jobless Indian youngsters accuse government of ‘playing with our lives’
By Krishna N. Das PATNA, India – Niranjan Kumar, the eldest son of a small farmer in the eastern Indian state of Bihar, was one of 12.5 million youngsters who applied for…
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