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U.S. initial jobless claims rise by 4,000 to 302,000 last week
Investing.com ^ | 09/04/2014

Posted on 09/04/2014 7:00:51 AM PDT by SeekAndFind

The number of people who filed for unemployment assistance in the U.S. last week rose more than expected, dampening optimism over the strength of the labor market, official data showed on Thursday.

In a report, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending August 30 increased by 4,000 to a seasonally adjusted 302,000 from the previous week’s total of 298,000.

Analysts had expected jobless claims to rise by 2,000 to 300,000 last week.

Continuing jobless claims in the week ended August 23 declined to 2.464 million from 2.528 million in the preceding week. Analysts had expected continuing claims to fall to 2.510 million.

The four-week moving average was 302,750, an increase of 3,000 from the previous week’s total of 299,750. The monthly average is seen as a more accurate gauge of labor trends because it reduces volatility in the week-to-week data.

(Excerpt) Read more at investing.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: joblessclaims; jobs; unemployment
It's fun with Thursday jobs numbers once again.
1 posted on 09/04/2014 7:00:51 AM PDT by SeekAndFind
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To: SeekAndFind

Unexpected!


2 posted on 09/04/2014 7:05:37 AM PDT by cong. dance leader
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To: SeekAndFind

Da conomy B boomin’.


3 posted on 09/04/2014 7:16:24 AM PDT by FlingWingFlyer (America is not a refugee camp or woman's shelter for illegals! It's my home! !)
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To: SeekAndFind

I am still unemployed


4 posted on 09/04/2014 7:19:55 AM PDT by jennychase
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To: jennychase

Sorry to know that.

A few questions:

1) Unemployed for how long?

2) What part of the USA do you live?

3) Are you willing to move where the jobs are?


5 posted on 09/04/2014 7:24:05 AM PDT by SeekAndFind (If at first you don't succeed, put it out for beta test.)
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To: SeekAndFind

3) Are you willing to move where the jobs are?

It’s hard to move if you don’t have any money to do so but I get the point I have been there moved to three states just to work.


6 posted on 09/04/2014 9:28:00 AM PDT by Vaduz
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To: SeekAndFind

The number key got stuck on her calculator, shhh dont say anything they’ll believe it just put it out there


7 posted on 09/04/2014 10:52:48 AM PDT by ronnie raygun
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