The question is now whether that low streak will stay steady.
unemployment rate
Posted inBusiness, Nation / World, News
U.S. job openings dip to 9.6 million, lowest since 2021
U.S. job openings fell in March to the lowest level in nearly two years, a sign that the American labor market is cooling in the face of higher interest rates.
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Posted inBusiness, Nation / World, News
U.S. unemployment claims tick up to 245,000, but still low
The number of Americans applying for unemployment benefits remained low by historic standards last week.
Posted inBusiness, Nation / World, News
More Americans file for jobless claims; layoffs remain low
U.S. applications for jobless benefits rose last week but remain at historically low levels despite the Federal Reserve’s efforts to cool the economy and job market in its fight against inflation.
Posted inBusiness, Maine, News, Uncategorized
Maine unemployment fell below 3% in January
At the same time, the number of jobs in the state rose to an all-time high of 648,000.
Posted inBusiness, Nation / World, News
U.S. adds a surprisingly strong 517,000 jobs despite Fed hikes
It was a surprisingly strong gain in the face of the Federal Reserve’s aggressive drive to slow growth and tame inflation with higher interest rates.
Posted inBusiness, Maine, News
Maine unemployment rate inches up
The state’s jobless rate rose slightly to 3.8% in December and is just slightly above the U.S. rate.
Posted inBusiness, Nation / World, News
U.S. jobless claims rise slightly but remain near historic lows
Initial unemployment claims increased by 9,000 to 225,000 in the week ended Dec. 24.
Posted inMaine, sj-web
Maine unemployment at 3 percent in July
Maine’s preliminary, seasonally adjusted unemployment rate for July was 3 percent, up slightly from 2.9 percent for June and down from 3.5 percent in July 2017, the state Department of Labor said. The number of unemployed job-seekers in Maine declined by 2,800 over the one-year period ending in July to 21,500, the department said in […]
Posted inMaine, sj-web
March unemployment rate could be lowest since 1957
The preliminary unemployment rate for March is the lowest since 1976, when current record-keeping began. Glenn Mills, chief economist with the Maine Department of Labor, said the rate of 2.7 percent could be the lowest since 1957, when President Dwight Eisenhower was in the White House. Mills didn’t have monthly estimates for the years before […]