Jobless Claims Plunge To 201,000, Creating Further Doubts About Rate Cuts
So much for the idea that January’s surge in employment was an anomaly in a cooling labor market. The number of people who applied for unemployment benefits for the first time in mid-February was 201,000, down from 213,000 the previous week. Economists had expected a slight increase to 216,000. Filing for unemployment insurance is a […]
$30B in taxpayer funds spent on jobless migrants in UK
The UK government has spent tens of billions of dollars on unemployed migrants in just three years, with more than a million foreign-born residents receiving financial support from the government, a new report has revealed. According to the report, taxpayers have spent more than $30 billion on unemployed undocumented immigrants (often referred to as asylum […]
Jobless Migrants and Foreign Students Cost Taxpayers £36 Billion: Report
A report has found that British taxpayers have subsidized foreign students and “economically inactive” unemployed migrants to the tune of £36 billion over the past three years. An analysis of the latest data from the Office for National Statistics (ONS) by the Center for Immigration think tank has found that unemployed migrants who entered the […]
Falcons hiring Raheem Morris as Bill Belichick remains jobless
The Falcons' exhaustive head coaching search appears to be nearing an end. Rams defensive coordinator Raheem Morris will fill Atlanta's vacancy, ending a process that included 15 candidates, according to multiple reports. One of them was former Patriots coach Bill Belichick, who interviewed twice and was considered an early favorite to win the job. raheem […]
Jobless Claims Fall To Lowest Level in 16 Months
New jobless claims fell to a 16-month low in mid-January, showing that demand for U.S. workers remains extremely high despite efforts by the Federal Reserve to cool the labor market. This is the latest sign of this. The number of unemployment insurance claims fell by 16,000 to 187,000 from the previous week's revised figure of […]
Jobless claims tumble to lowest level since 2022
Mornings with Maria panelists react to December's better-than-expected jobs report and detail the expected impact on the labor market and the U.S. economy. Number of Americans applying unemployment allowance The labor market unexpectedly fell to a 16-month low last week, evidence that the labor market remains resilient in the face of high interest rates and […]