First-time claims for unemployment insurance totaled 219,000 for the week ended October 1, an increase of 29,000, or 15%, from last week’s revised level of 190,000, according to new data released Thursday morning by the Department of Labor. While first-time applications for weekly jobless benefits had been hanging around a four-month low, filings jumped back up on Thursday.
The number of open positions also fell, sinking by 1.1 million, the largest monthly decline outside of the pandemic, according to the Jobs Openings and Labor Turnover Survey released on Tuesday.
The jobs report for that month found that America added 315,000 positions, a much lower level than the 512,000 average job gains over the past 12 months. The unemployment rate is expected to hold steady at 3.7%, according to Refinitiv estimates.Īugust jobs data already indicated that the historically tight labor market has loosened by a notch. Priem in January 1993 and is headquartered in Santa Clara, CA.The US economy is forecast to have added 250,000 jobs in September, which would be the lowest monthly jobs gain since December 2020. The company was founded by Jen Hsun Huang, Chris A. The All Other segment refers to the stock-based compensation expense, corporate infrastructure and support costs, acquisition-related costs, legal settlement costs, and other non-recurring charges. The Tegra Processor segment integrates an entire computer onto a single chip and incorporates GPUs and multi-core CPUs to drive supercomputing for autonomous robots, drones, and cars, as well as for consoles and mobile gaming and entertainment devices. The GPU segment consists of product brands, including GeForce for gamers, Quadro for designers, Tesla and DGX for AI data scientists and big data researchers, and GRID for cloud-based visual computing users. It operates through the following segments: Graphics Processing Unit (GPU), Tegra Processor, and All Other. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software.
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