Jobless claims recede from 3-month high, but unemployment filings jump for federal workers
Read more at MarketWatch
-
Jobless claims match 3-month high as Trump White House readies more federal job cuts
The number of people who applied for unemployment benefits last week matched a three-month high, possibly reflecting the first wave of what’s likely to be a flood of laid-off federal employees and ...MarketWatch - Feb. 27 -
Unemployment claims rise to 242,000, the highest in 3 months
Figures do not include layoffs ordered by the Department of Government Efficiency. Analysts expect those to show up in coming weeks.CBS News - Feb. 27 -
Number of Americans filing for unemployment rises to 242,000, highest in 3 months
Applications for U.S. jobless benefits rose to a three-month high last week but remained within the same healthy range of the past three yearsABC News - Feb. 27 -
Weekly jobless claims jump to 242,000, more than expected in latest sign of economic softening
Initial filings for unemployment benefits hit their highest level of the year last week.CNBC - 6d -
Case surge from fired federal workers jams federal board
A CBS News review of records of the U.S. Merit Systems Protection Board shows it has experienced a surge in new cases amid the torrent of layoffs by the Trump administration.CBS News - Feb. 25 -
Number of Americans filing for jobless benefits falls as labor market remains sturdy
Applications for U.S. jobless benefits fell last week as the labor market remains sturdy ahead of an expected purge of federal government employeesABC News - 3h -
Jobless Claims Rise a Little, But Do Not Yet Reflect DOGE Layoffs
Unemployment claims for the week of Feb. 15 were slightly more than expected, but don’t yet reflect the aggressive efforts of Elon Musk’s group.Inc. - Feb. 20 -
Breaking down Trump, Musk's claims that some federal workers are dead or don't exist
Amid widespread federal layoffs, another questionable claim has emerged from the Trump administration that there were dead workers on the payroll. CBS News Confirmed executive editor Rhona Tarrant ...CBS News - 6d -
Federal workers demand help from Congress after firings, Musk's ultimatum
Federal workers are struggling to figure out what is happening with their jobs after Elon Musk's ultimatum to document their work or resign. Some are showing up at town halls nationwide, demanding ...CBS News - Feb. 25
More from MarketWatch
-
Why 10-year Treasury note is taking a hit as Germany ramps up military spending
Germany is about to enter what its next chancellor, Friedrich Merz, calls a historic “whatever it takes” moment of significant fiscal expansion to ramp up military spending and boost its economy. ...MarketWatch - 19m -
Americans elected Trump to lower prices — his policies could do the opposite
“We’re not seeing anything that is credibly going to address the high prices of food, housing, and health care that he pledged to do something about,” one economist said.MarketWatch - 56m -
ECB delivers another rate cut, but economists see little room for more easing
The European Central Bank cut interest rates by a quarter-point Thursday, responding to signs of deteriorating activity and weakening inflation despite bond-market turmoil over plans for a splurge ...MarketWatch - 56m -
Intuitive Machines’ second moon landing is on deck. Its stock is falling.
Space-exploration company Intuitive Machines is set to make its second moon landing Thursday.MarketWatch - 58m -
BJ’s Wholesale stands out by not warning on sales due to tariffs. Stock soars.
Tariffs will raises prices for Americans, but BJ’s will use it’s ‘muscle’ when negotiating with suppliers to keep inflation down.MarketWatch - 1h
More in Business
-
MongoDB plummets 24% as weak outlook overshadows strong quarterly results
MongoDB shares plummeted more than 20% after the database software maker shared weak guidance that signaled a slowdown in growth.CNBC - 9m -
Keir Starmer makes fresh diplomatic push for Ukraine peace plan
UK prime minister talks to around 20 countries about joining ‘coalition of the willing’Financial Times - 18m -
Why 10-year Treasury note is taking a hit as Germany ramps up military spending
Germany is about to enter what its next chancellor, Friedrich Merz, calls a historic “whatever it takes” moment of significant fiscal expansion to ramp up military spending and boost its economy. ...MarketWatch - 19m -
NHS leaders warned of ‘fundamental reset’ to their financial regimes
Crisis meeting called after £6.6bn NHS England deficit predicted and national medical director resignsFinancial Times - 23m -
US floats new tariff reprieve for Canada-Mexico trade in latest shift
Move would expand one-month carve-out for car imports to include all USMCA-compliant goodsFinancial Times - 29m