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Keyword: joblessclaims

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  • U.S. Weekly Jobless Claims Edge Down To 271,000

    08/27/2015 6:35:24 AM PDT · by SeekAndFind · 9 replies
    RT News ^ | 08/27/2015
    First-time claims for U.S. unemployment benefits decreased modestly in the week ended August 22nd, according to a report released by the Labor Department on Thursday. The report said initial jobless claims edged down to 271,000, a decrease of 6,000 from the previous week's unrevised level of 277,000. Economists had expected claims to dip to 270,000. With the drop, jobless claims partly offset the modest increases seen over the past weeks, although they remain above the more than forty-year low of 255,000 set in the week ended July 18th. Meanwhile, the Labor Department said the less volatile four-week moving average ticked...
  • Jobless claims edge up; labor market still improving

    08/20/2015 7:09:30 AM PDT · by SeekAndFind · 19 replies
    Yahoo Finance Via Reuters ^ | 08/20/2015 | Lucia Mutikani
    The number of Americans filing new applications for unemployment benefits unexpectedly rose last week, but the trend remained consistent with solid labor market momentum that could keep the Federal Reserve on track to raise interest rates this year. Initial claims for state unemployment benefits increased 4,000 to a seasonally adjusted 277,000 for the week ended Aug. 15, the Labor Department said on Thursday. Claims for the prior week were revised to show 1,000 fewer applications received than previously reported. Economists had forecast claims slipping to 272,000 last week. A Labor Department analyst said there were no special factors influencing the...
  • Jobless Claims Unexpectedly Rise, Labor Market Strengthens

    08/14/2015 6:37:30 AM PDT · by SeekAndFind · 31 replies
    HNGN ^ | 08/14/2015 | By Jelani James
    U.S. jobless claims rose again for a third straight week but the numbers still indicated that the labor market was still strengthening. The amount of Americans filing for unemployment benefits unexpectedly rose again from the predicted 270,000 last week, but the numbers are still indicative of a strengthening labor market, the government said Thursday. Initial jobless claims, cited when assessing the pace of layoffs, increased by 5,000 to 274,000 for the week ended Aug. 8, the Labor Department revealed Thursday, reported Reuters. Claims for the previous week were adjusted to show 1,000 fewer applications than previously reported. Even though claims...
  • Weekly Jobless Claims Rise but Still Low at 270,000

    08/06/2015 8:42:35 AM PDT · by SeekAndFind · 2 replies
    Daily Finance ^ | 08/06/2015 | Josh Boak
    WASHINGTON -- Slightly more Americans filed for unemployment benefits last week, but their numbers remain near historic lows in a sign that the job market is healthy. The Labor Department said Thursday that applications for jobless aid rose 3,000 to a seasonally adjusted 270,000. The four-week average, a less volatile measure, dropped 6,500 to 268,250. That average has fallen nearly 10 percent over the past year, close to levels last seen in 2000. "Initial claims for unemployment insurance have been below 300,000 for 22 straight weeks, the longest such stretch since 1973," said Gus Faucher, senior economist at PNC Financial...
  • US weekly jobless claims total 267,000 vs 270,000 estimate

    07/30/2015 7:55:09 AM PDT · by SeekAndFind · 4 replies
    CNBC via Reuters ^ | 07/30/2015
    The number of Americans filing new applications for unemployment benefits increased last week, but remained near cycle lows in a sign that the jobs market was gaining steam. Initial claims for state unemployment benefits increased 12,000 to a seasonally adjusted 267,000 for the week ended July 25, the Labor Department said Thursday. Claims for the prior week were unrevised at 255,000, which was the lowest level since November 1973. A Labor Department analyst said there were no special factors influencing the data and that only claims for Puerto Rico had been estimated. The four-week moving average of claims, considered a...
  • US weekly jobless claims total 281,000 vs 285,000 estimate

    07/16/2015 8:20:42 AM PDT · by SeekAndFind · 15 replies
    CNBC ^ | 07/16/2015
    The number of Americans filing new applications for unemployment benefits fell more than expected last week, pointing to a solid labor market. Initial claims for state unemployment benefits dropped 15,000 to a seasonally adjusted 281,000 for the week ended July 11, the Labor Department said on Thursday. The decline reversed the prior week's rise and ended three straight weeks of increases. Claims tend to be volatile during the summer when automakers normally shut assembly plants for annual retooling. However, some of the companies keep production running, which can throw off a model the government uses to smooth the data for...
  • U.S. jobless claims rise to highest level since February at 297,000

    07/09/2015 12:30:28 PM PDT · by SeekAndFind · 12 replies
    Yahoo News via Reuters ^ | 07/09/2015 | Elvina Nawaguna
    WASHINGTON (Reuters) - New applications for U.S. unemployment insurance benefits rose last week to their highest level since February, suggesting some slowdown in the labor market recovery. Initial claims for state unemployment benefits rose 15,000 to a seasonally adjusted 297,000 for the week that ended July 4, the U.S. Department of Labor said on Thursday. Even with the rise in claims, the latest report marks the 18th consecutive week of new filings below 300,000, which is considered consistent with a firming labor market. The previous week's claims were revised to 282,000, showing that 1,000 more people filed than initially reported....
  • U.S. Jobless Claims Rise, But Still Point to Growing Labor Market

    05/21/2015 7:59:01 AM PDT · by SeekAndFind · 7 replies
    Wall Street Journal ^ | 05/21/2015 | BEN LEUBSDORF
    WASHINGTON—The number of Americans applying for first-time unemployment benefits rose last week, but remained at a historically low level consistent with an improving labor market. Initial jobless claims, a proxy for layoffs across the economy, increased by 10,000 to a seasonally adjusted 274,000 in the week ended May 16, the Labor Department said Thursday. Economists surveyed by The Wall Street Journal had expected 271,000 new claims. “U.S. labor market momentum remains solid in mid-May,” Barclays economist Jesse Hurwitz said in a note to clients. The prior week’s claims were left unrevised at 264,000. The Labor Department said no special factors...
  • Jobless claims remain low, but planned layoffs jump to three-year high

    05/07/2015 7:30:50 AM PDT · by SeekAndFind · 4 replies
    Los Angeles Times ^ | 05/07/2015 | Jim Puzzanghera
    Initial jobless claims rose slightly last week from a 15-year low while planned layoffs surged in April to a three-year high, providing mixed signals about the health of the labor market ahead of Friday's jobs report. About 265,000 people applied for first time unemployment benefits in the week ended Saturday, up from the previous week's 262,000, the Labor Department said Thursday. Economists had expected claims to rise to 280,000 after hitting the lowest level since 2000 the previous week. The four-week average, which smooths out some volatility, fell to 279,500 last week. That was the lowest level since May 2000....
  • U.S. jobless claims at 15-year low; consumer spending rises

    04/30/2015 7:30:20 AM PDT · by SeekAndFind · 25 replies
    Yahoo Finance ^ | 04/30/2015 | Lucia Mutikani
    The number of Americans filing new claims for jobless benefits tumbled to a 15-year low last week and consumer spending rose in March, signs the economy was regaining momentum after stumbling badly in the first quarter. The economic outlook was brightened further by another report on Thursday showing a solid increase in wages in the first quarter, which should keep the Federal Reserve on track to raise interest rates this year. Initial claims for state unemployment benefits fell 34,000 to a seasonally adjusted 262,000 for the week ended April 25, the lowest reading since April 2000, the Labor Department said....
  • Weekly Jobless Claims Rise for Third-Straight Week

    04/23/2015 8:06:13 AM PDT · by SeekAndFind · 8 replies
    Fox Business News ^ | 04/23/2015
    The number of Americans seeking first-time unemployment benefits rose slightly last week, but remained consistent with an economy steadily adding jobs. Initial jobless claims, a proxy for layoffs across the U.S. economy, increased by 1,000 to a seasonally adjusted 295,000 in the week ended April 18, the Labor Department said Thursday. Economists surveyed by The Wall Street Journal expected 290,000 claims. Claims for the prior week were not revised. The claims reading had been volatile in recent months, but the figures are settling back near the lowest levels of the economic expansion. The four-week moving average of claims, which smooths...
  • US jobless claims hit six-week high, rises by 12,000 to 294,000

    04/16/2015 9:00:22 AM PDT · by SeekAndFind · 14 replies
    Yahoo News ^ | 04/16/2015
    New claims for US unemployment insurance benefits rose more than expected last week to their highest level in six weeks, the Labor Department reported Thursday. Initial jobless claims, a sign of the pace of layoffs, climbed to 294,000 in the week ending April 11, an increase of 12,000 from the prior week's slightly upwardly revised number. Analysts had expected claims would hold steady from the previous week. The four-week moving average, which helps to smooth week-over-week volatility, inched up by 250 to 282,750. A year ago the average was 316,000.
  • Jobless claims at 281,000 week ending April 4, 2015. Better than expected

    04/09/2015 6:32:12 AM PDT · by SeekAndFind · 27 replies
    Washington Examiner ^ | 04/09/2015 | BY JOSEPH LAWLER
    There were 281,000 first-time claims for unemployment for the week ending April 4, the Department of Labor reported Thursday. That was an increase from the previous week's revised 268,000 jobless claims, adjusted for seasonal fluctuations, but better than investors expected. The four-week moving average of claims, meanwhile, fell by 3,000 to 282,250. That average was the lowest since June of 2000, reflecting the ongoing improvement in the U.S. labor market. Low first-time claims for unemployment insurance benefits are viewed as a positive sign for the economy, as fewer layoffs generally indicate greater net hiring. Thursday's good news comes after Friday's...
  • US jobless claims down while trade deficit narrows, according to Labor Dept.

    04/02/2015 7:26:39 AM PDT · by SeekAndFind · 8 replies
    CSM ^ | 04/02/2015 | Lucia Mutikani
    WASHINGTON — The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting the labor market continues to expand at a solid clip even as economic growth has stalled. Sustained labor market strength supports views that the sharp slowdown in activity is probably temporary. A host of factors ranging from bad weather to a strong dollar has sucked momentum from the economy in the first quarter. Initial claims for state unemployment benefits dropped 20,000 to a seasonally adjusted 268,000 for the week ended March 28, the Labor Department said on Thursday. That was the lowest level...
  • U.S. jobless claims up slightly to 291,000; current account gap widens

    03/19/2015 7:37:22 AM PDT · by SeekAndFind · 5 replies
    Reuters ^ | 03/19/2015 | LUCIA MUTIKANI
    The number of Americans filing new claims for unemployment benefits rose marginally last week, indicating the labor market remained on solid footing despite slowing economic growth. Output has slowed in the first quarter, undercut by a harsh winter, a strong dollar, weaker overseas growth and a now-settled labor dispute at West Coast ports, mostly transitory factors that should fade by the second quarter. The Federal Reserve on Wednesday acknowledged the moderation in growth, but maintained its upbeat view of the jobs market and signaled it was nearing an interest rate increase by dropping the reference to being "patient" from its...
  • US jobless claims return below 300,000

    03/12/2015 7:49:00 AM PDT · by SeekAndFind · 8 replies
    Yahoo Finance ^ | 03/12/2015
    New claims for US unemployment insurance fell last week after two weeks of gains amid severe winter weather, Labor Department data showed Thursday. Initial jobless claims fell 11 percent to 289,000 in the week ending March 7. The previous week's level was revised up by 5,000 to 325,000. "Harsher-than-usual winter weather likely boosted the level in the previous two weeks," said Jim O'Sullivan, chief US economist at High Frequency Economics, in a research note. "We doubt the underlying trend in claims has changed significantly. A sub-300K trend in claims implies continued strong employment growth and no let-up in the downtrend...
  • Initial jobless claims unexpectedly jump to nine-month high

    03/05/2015 7:31:58 AM PST · by SeekAndFind · 42 replies
    Los Angeles Times ^ | 03/05/2015 | By JIM PUZZANGHERA
    Initial jobless claims unexpectedly jumped to a nine-month high last week, an indication that severe winter weather could be putting a temporary freeze on the labor market's recovery. About 320,000 people filed for first-time unemployment benefits last week, up 7,000 from the previous week, the Labor Department said Thursday. Economists had been expecting claims to fall to 300,000. Claims below that level indicate a strong labor market. Private sector added 212,000 jobs last month, down from January, ADP says Private sector added 212,000 jobs last month, down from January, ADP says In another read on the jobs market, planned layoffs...
  • U.S. Weekly Jobless Claims Jump More Than Expected To 313,000

    02/26/2015 6:41:32 AM PST · by SeekAndFind · 19 replies
    RTT News ^ | 02/26/2015
    First-time claims for U.S. unemployment benefits rose by much more than expected in the week ended February 21st, according to a report released by the Labor Department on Thursday. The report said initial jobless claims jumped to 313,000, an increase of 31,000 from the previous week's revised level of 282,000. Economists had expected jobless claims to edge up to 290,000 from the 283,000 originally reported for the previous week. The Labor Department said the less volatile four-week moving average also climbed to 294,500, an increase of 11,500 from the previous week's revised average of 283,000. With the increase, the four-week...
  • U.S. jobless claims drop sharply to near 15-year low!

    01/29/2015 6:35:20 AM PST · by SeekAndFind · 51 replies
    Yahoo News via Reuters ^ | 01/29/2015 | Lucia Mutikani
    WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits tumbled last week to its lowest level in nearly 15 years, adding to bullish signals on the labor market. Initial claims for state unemployment benefits dropped 43,000 to a seasonally adjusted 265,000 for the week ended Jan. 24, the lowest since April 2000, the Labor Department said on Thursday. It was the biggest weekly decline since November 2012. The drop, which far exceeded economists' expectations for a fall to only 300,000, probably exaggerates the strength of the jobs market as the data included the Martin Luther King...
  • U.S. initial jobless claims fall by 10,000 last week to 307,000

    01/22/2015 6:24:31 AM PST · by SeekAndFind · 8 replies
    Investing.com ^ | 01/22/2015
    The number of people who filed for unemployment assistance in the U.S. last week fell less 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 January 17 decreased by 10,000 to a seasonally adjusted 307,000 from the previous week’s total of 317,000. Analysts had expected initial jobless claims to decline by 17,000 to 300,000 last week. Continuing jobless claims in the week ended January 10 rose to 2.443 million from 2.428...
  • U.S. jobless claims dip to 294,000; 2014 layoffs lowest in 17 years

    01/08/2015 8:29:52 AM PST · by SeekAndFind · 25 replies
    Yahoo News via Reuters ^ | 01/08/2015 | By Lucia Mutikani
    WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week and job cuts declined sharply in December, suggesting the labor market is tightening. Thursday's reports support views of faster growth this year, driven by consumer spending, despite a faltering global economy. "Labor market conditions continue to improve, providing support for consumers and contributing to a virtuous cycle for the economy," said Jim Baird, chief investment officer at Plante Moran Financial Advisors in Kalamazoo, Michigan. Initial claims for state unemployment benefits slipped by 4,000 to a seasonally adjusted 294,000 for the week ended Jan. 3,...
  • Initial Jobless Claims Rise To 298,000

    12/31/2014 10:36:43 AM PST · by SeekAndFind · 9 replies
    Business Insider ^ | 12/31/2014 | MYLES UDLAND
    Initial jobless claims finished the year on a so-so note. Claims totaled 298,000 last week, up from last week's 280,000 and worse than expectations for 290,000. Last week's number was also revised up slightly to 281,000. Following the report, economists at BNP Paribas said the four-week moving average in claims remains at low levels — 290,750 — which is consistent with an improving labor market. Initial claims still had a huge year, with 2014's first claims report coming in at 333,000 and claims trending downwards for most of the year.
  • U.S. jobless claims fall to seven-week low to seasonally adjusted 280,000

    12/24/2014 7:38:12 AM PST · by SeekAndFind · 7 replies
    Reuters ^ | 12/24/2014 | LUCIA MUTIKANI
    The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, underscoring the economy's sustained strength. Initial claims for state unemployment benefits dropped 9,000 to a seasonally adjusted 280,000 for the week ended Dec. 20, the Labor Department said on Wednesday. It was the lowest reading since Nov. 1 and marked the fourth straight week of declines. "The labor market is tightening up. Any job losses are just normal frictional unemployment in a healthy growing economy," said Chris Rupkey, chief financial economist at MUFG Union Bank in New York.
  • U.S. jobless claims point to firmer labor market: Down by 6,000 to seasonally adjusted 289,000

    12/18/2014 6:45:16 AM PST · by SeekAndFind · 10 replies
    Yahoo Finance ^ | 12/18/2014 | Lucia Mutikani
    The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting the labor market continued to strengthen. Initial claims for state unemployment benefits dropped by 6,000 to a seasonally adjusted 289,000 for the week ended Dec. 13, the Labor Department said on Thursday. The report came a day after the Federal Reserve offered an upbeat assessment of the labor market and the broader economy, and signaled it could start raising interest rates next year. The U.S. central bank, which has kept its short-term interest rate near zero since December 2008, lowered its unemployment rate forecast on...
  • Jobless claims tick down to 294,000

    12/11/2014 7:12:49 AM PST · by SeekAndFind · 12 replies
    Washington Examiner ^ | 12/11/2014 | Joseph Lawler
    First-time claims for unemployment benefits ticked down to 294,000 for the week ending Dec. 6, the Department of Labor reported Thursday, down from 297,000 the week before and right in line with expectations. The four-week moving average remained just below the 300,000 mark, at 299,250, signaling that layoffs remain low amid an expanding labor market. The Bureau of Labor Statistics reported Friday that the economy added a healthy 321,000 jobs in November. At 5.8 percent, the unemployment rate has plummeted by 1.2 percentage points over the past year. The total number of workers receiving unemployment insurance fell by 95,846 to...
  • Weekly jobless claims fall to 297,000 as firms reduced planned layoffs

    12/04/2014 7:30:39 AM PST · by SeekAndFind · 14 replies
    Los Angeles Times ^ | 12/04/2014 | By JIM PUZZANGHERA
    Initial jobless claims fell back below 300,000 last week as companies sharply reduced planned layoffs in November in a positive sign for the labor market ahead of the monthly jobs report. About 297,000 applied for first-time unemployment benefits, down 17,000 from the previous week's revised level, the Labor Department said Thursday. The figure, which was in line with analyst expectations, remained above the post-Great Recession low of 266,000 reached in October. The less-volatile four-week average was 299,000, up 4,750 from the previous week. Economists say weekly claims below 300,000 are a sign of a healthy job market. Claims had been...
  • U.S. Jobless Claims Rise To 313K

    11/26/2014 11:22:09 AM PST · by SeekAndFind · 14 replies
    Morningstar ^ | 11/26/2014
    WASHINGTON-The number of Americans seeking first-time jobless benefits leapt last week but remained at a level suggesting steady job growth. Initial jobless claims rose 21,000 to a seasonally adjusted 313,000 in the week ended Nov. 22, the Labor Department said Wednesday. Economists surveyed by The Wall Street Journal had expected 289,000 new claims. Updated figures put the prior week's level at 292,000, up from an initially reported 291,000. Last week's spike marked the first time since early September that new claims exceeded 300,000. Jobless claims are volatile, tending to fluctuate week to week. The four-week moving average of jobless claims,...
  • U.S. jobless claims rise to 290,000 but still close to 14-year low

    11/13/2014 7:37:10 AM PST · by SeekAndFind · 22 replies
    Reuters ^ | 11/13/2014 | Jason Lange
    The number of Americans filing new claims for unemployment benefits rose more than expected last week, yet it remained near a 14-year low in a reminder that the labor market appears to be moving toward full health. Initial claims for state unemployment benefits rose 12,000 to 290,000 for the week ended Nov. 8, the Labor Department said on Thursday. Economists polled by Reuters had forecast a smaller increase. Claims have now been below 300,000 for nine straight weeks, and in October hit their lowest level since 2000 at 266,000. "This increase is nothing to worry about," said Ian Shepherdson, an...
  • US jobless claims fall by 10,000 to hit a 14-year low (+video)

    11/06/2014 12:20:50 PM PST · by SeekAndFind · 13 replies
    CSM ^ | 11/6/2014
    Fewer people applied for U.S. unemployment benefits last week, a sign that the job market should continue to improve. The Labor Department said Thursday that weekly applications fell 10,000 to a seasonally adjusted 278,000. The four-week average, a less volatile measure, declined 2,250 to 279,000, the lowest level in more than 14 years. Applications are a proxy for layoffs and have fallen 18.5 percent in the past year. This suggests rising economic confidence among businesses, causing them to keep their workers and potentially look to hire more employees. "The Labor Department noted no special factors in this week’s report," Jesse...
  • U.S. Weekly Jobless Claims Tick Up To 287,000

    10/30/2014 7:13:51 AM PDT · by SeekAndFind · 13 replies
    RTT News ^ | 10/30/2014
    First-time claims for U.S. unemployment benefits saw a modest increase in the week ended October 25th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims edged up to 287,000, an increase of 3,000 from the previous week's revised level of 284,000. Economists had expected jobless claims to tick up to 285,000 from the 283,000 originally reported for the previous week. With the modest increase, jobless claims climbed further off the fourteen-year low of 266,000 set in the week ended October 11th. However, the Labor Department said the four-week moving average dipped to...
  • Jobless claims jump, but one-month average still lowest since 2000

    10/23/2014 7:08:10 AM PDT · by SeekAndFind · 8 replies
    Los Angeles Times ^ | 10/23/2014 | By JIM PUZZANGHERA
    Initial jobless claims jumped last week from a post-Great Recession low, but the average during the previous month was the best since 2000 for the volatile but closely watched barometer of the labor market. About 283,000 people filed for first-time unemployment benefits in the week ended Saturday, up 17,000 from the previous week's upwardly revised level, the Labor Department said Thursday. Economists had forecast claims would rise to 285,000 after a sharp drop the previous week to the lowest point not only since the Great Recession but since April 2000. Jobless claims can fluctuate widely from week to week. So...
  • Jobless claims drop 23K to a 14-year low [Seasonally adjusted 264,000, lowest level since 2000]

    10/16/2014 7:04:07 AM PDT · by SeekAndFind · 29 replies
    CSM ^ | 10/16/2014
    The number of Americans filing new claims for jobless benefits fell to a 14-year low last week, a positive signal that could counter doubts over whether the economy is shifting into a higher gear. Initial claims for state unemployment benefits dropped 23,000 to a seasonally adjusted 264,000, the lowest level since 2000, the Labor Department said on Thursday. The decline suggests the labor market is gaining steam even as worries grow that the economy will not be strong enough for the Federal Reserve to hike interest rates around the middle of next year.
  • Jobless claims in the US fall to an eight-year low:

    10/09/2014 8:11:56 AM PDT · by SeekAndFind · 18 replies
    CS Monitor ^ | 10/09/2014
    Jobless claims by American workers for unemployment benefits fell by 1,000 to 287,000 last week, a sign that US employers are hanging on to workers. Jobless claims are currently lower than they were before the country's economic crisis began. The number of Americans filing new claims for unemployment benefits fell last week to nearly its lowest level since before the 2007-09 recession, a sign of growing steam in the U.S. labor market. Initial claims for state unemployment benefits dropped 1,000 to a seasonally adjusted 287,000 in the week ended Oct. 4, the Labor Department said on Thursday. The data adds...
  • U.S. Weekly Jobless Claims Unexpectedly Drop To 287,000 [4th straight week below 300,000]

    10/02/2014 6:42:41 AM PDT · by SeekAndFind · 21 replies
    RTT News ^ | 10/02/2014
    First-time claims for U.S. unemployment benefits unexpectedly decreased in the week ended September 27th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims fell to 287,000, a decrease of 8,000 from the previous week's revised level of 295,000. The pullback came as a surprise to economists, who had expected jobless claims to climb to 297,000 from the 293,000 originally reported for the previous week. The Labor Department said the less volatile four-week moving average also edged down to 294,750, a decrease of 4,250 from the previous week's revised average of 299,000. With...
  • U.S. initial jobless claims fall by 36,000 to 280,000 last week

    09/18/2014 6:27:18 AM PDT · by SeekAndFind · 19 replies
    Investing ^ | 09/18/2014
    The number of people who filed for unemployment assistance in the U.S. last week fell to the lowest level since mid-July, fuelling 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 September 13 decreased by 36,000 to a seasonally adjusted 280,000 from the previous week’s revised total of 316,000. Analysts had expected jobless claims to fall by 11,000 to 305,000 last week. Continuing jobless claims in the week ended September 6 fell to 2.429...
  • Jobless claims jump back above 300K; remain near pre-recession levels

    09/11/2014 3:19:04 PM PDT · by SeekAndFind · 13 replies
    CNBC ^ | 09/11/2014
    The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, but that probably does not signal a material shift in labor market conditions as claims remain near their pre-recession levels. Initial claims for state unemployment benefits increased 11,000 to a seasonally adjusted 315,000 for the week ended Sept. 6, the highest level since late June, the Labor Department said on Thursday. Claims for the prior week were revised to show 2,000 more applications received than previously reported. Economists polled by Reuters had forecast claims slipping to 300,000 last week. The period included the Labor Day holiday...
  • U.S. initial jobless claims rise by 4,000 to 302,000 last week

    09/04/2014 7:00:51 AM PDT · by SeekAndFind · 6 replies
    Investing.com ^ | 09/04/2014
    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...
  • Weekly Jobless Claims Fall for Second Consecutive Week to 298,000

    08/28/2014 8:33:10 AM PDT · by SeekAndFind · 13 replies
    AOL Jobs ^ | 08/28/2014 | Lucia Mutikani
    The number of Americans filing new claims for unemployment benefits fell for a second straight week last week, underscoring the strengthening labor market fundamentals. Initial claims for state unemployment benefits slipped 1,000 to a seasonally adjusted 298,000 for the week ended Aug. 23, the Labor Department said Thursday. Claims for the prior week were revised to show 1,000 more applications received than previously reported. Economists polled by Reuters had forecast claims climbing to 300,000 last week. A Labor Department analyst said there were no special factors influencing the state level data. The four-week average of claims, considered a better measure...
  • US Unemployment Claims Fall to 298K

    08/21/2014 7:00:58 AM PDT · by SeekAndFind · 42 replies
    Epoch Times ^ | 08/21/2014
    Fewer people applied for U.S. unemployment benefits last week, another sign the job market is improving. The Labor Department said Thursday that weekly claims for jobless aid fell 14,000 last week to a seasonally adjusted 298,000. The prior week’s figures were revised up slightly to 311,000. The less-volatile four-week average rose 4,750 to 300,750. It remains close to levels that predate the Great Recession of 2007-2009. Applications are a proxy for layoffs. Employers aren’t just keeping workers. They’re hiring at a pace last seen during the tech boom. They added 209,000 jobs in July, the sixth straight month that job...
  • U.S. Jobless Claims Rise, But Remain Near Eight-Year Lows: Unemployment claims up by 21,000 to 311K

    08/14/2014 6:02:33 AM PDT · by SeekAndFind · 19 replies
    Wall Street Journal ^ | 08/14/2014 | By JONATHAN HOUSE And BEN LEUBSDORF
    New applications for unemployment benefits rose last week but remained near eight-year lows. Initial claims for unemployment benefits increased by 21,000 to a seasonally adjusted 311,000 in the week ended Aug. 9, the Labor Department said Thursday. That was more than the 295,000 new claims forecast by economists surveyed by The Wall Street Journal and the highest level since June. Claims for the previous week were revised up slightly to 290,000. Applications for unemployment benefits, a proxy for layoffs, have been trending lower this year. The four-week moving average of claims, which smooths out weekly volatility, increased by 2,000 to...
  • U.S. initial jobless claims fall by 14,000 to 289,000 last week

    08/07/2014 6:33:35 AM PDT · by SeekAndFind · 34 replies
    Investing ^ | 08/07/2014
    The number of people who filed for unemployment assistance in the U.S. last week fell more than expected, fuelling 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 2 decreased by 14,000 to a seasonally adjusted 289,000 from the previous week’s total of 303,000. Analysts had expected jobless claims to rise by 2,000 to 305,000 last week. Continuing jobless claims in the week ended July 26 fell to 2.518 million from 2.542 million...
  • U.S. initial jobless claims rise by 23,000 to 302,000 last week

    07/31/2014 7:02:35 AM PDT · by SeekAndFind · 15 replies
    Investing ^ | 07/31/2014
    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 July 26 increased by 23,000 to a seasonally adjusted 302,000 from the previous week’s total of 279,000, which was the lowest since May 2000. Analysts had expected jobless claims to rise by 22,000 to 301,000 last week.
  • US jobless claims tumble to lowest level in nearly a decade (284,000)

    07/24/2014 6:47:03 AM PDT · by SeekAndFind · 86 replies
    CNBC ^ | 07/24/2014
    The number of Americans filing new claims for unemployment benefits fell to the lowest level in nearly 8-1/2 years last week, suggesting the labor market recovery was gaining traction. Initial claims for state unemployment benefits declined 19,000 to a seasonally adjusted 284,000 for the week ended July 19, the Labor Department said on Thursday. That was the lowest level since February 2006, and confounded economists' expectations for a rise to 308,000. The prior week's claims were revised to show 1,000 more applications received than previously reported.
  • US jobless queue shortens, but housing starts plunge sharply in June

    07/17/2014 6:52:23 AM PDT · by SeekAndFind · 31 replies
    CNBC ^ | 07/17/2014
    The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting the labor market recovery was gaining traction. However, a separate report showed U.S. housing starts and building permits unexpectedly fell in June, suggesting the housing market recovery was struggling to get back on track after stalling in late 2013. Initial claims for state unemployment benefits dropped 3,000 to a seasonally adjusted 302,000 for the week ended July 12, the Labor Department said on Thursday. The prior week's claims were revised to show 1,000 more applications received than previously reported. Economists polled by Reuters had forecast...
  • Weekly Jobless Claims Fall, Point to Firming Labor Market

    06/26/2014 6:24:12 AM PDT · by SeekAndFind · 18 replies
    Fox Business ^ | 06/26/2014
    The number of Americans filing new claims for unemployment benefits fell marginally last week, but continues to point to steadily improving labor market conditions. Initial claims for state unemployment benefits slipped 2,000 to a seasonally adjusted 312,000 for the week ended June 21, the Labor Department said on Thursday. The prior week's claims were revised to show 2,000 more applications received than previously reported. Economists polled by Reuters had forecast first-time applications for jobless aid dipping to 310,000 last week. A Labor Department analyst said there were no special factors influencing the state level data. The four-week moving average for...
  • US Jobless Claims Fall 6,000 To 312,000 In June 14 Week

    06/19/2014 6:35:37 AM PDT · by SeekAndFind · 18 replies
    MNI ^ | 06/19/2014 | By Ian McKendry
    WASHINGTON (MNI) - Initial jobless claims for U.S. state unemployment benefits fell by 6,000 to 312,000, in the June 14 week, the Labor Department reported Thursday. The 312,000 level of jobless claims was slightly better than the 314,000 median expectation from a forecast survey compiled by MNI. The June 7 week was revised up by 1,000 to 318,000. This weeks claims report also coincides with the week the BLS conducts the survey for the June employment report. Claims are down 15,000 from the comparable survey week in May and a Labor Department analyst said there were no special factors and...
  • Applications for US unemployment benefits rise to 317k last week; still at pre-recession level

    06/12/2014 6:44:35 AM PDT · by SeekAndFind · 5 replies
    US News ^ | 06/12/2014
    More Americans filed for unemployment benefits last week, but claims for jobless aid remain near pre-recession levels. The Labor Department says weekly applications for unemployment benefits rose 4,000 to a seasonally adjusted 317,000. The four-week average, a less volatile measure, increased to 315,250. These figures are close to the jobless claims levels before the outbreak of the Great Recession in December 2007.
  • U.S. initial jobless claims rise by 8,000 to 312,000 last week

    06/05/2014 6:38:07 AM PDT · by SeekAndFind · 36 replies
    Investing ^ | 06/05/2014
    The number of people who filed for unemployment assistance in the U.S. last week rose more than expected, underlining concerns 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 May 31 increased by 8,000 to a seasonally adjusted 312,000 from the previous week’s revised total of 304,000. Analysts had expected jobless claims to rise by 6,000 to 310,000 last week. Continuing jobless claims in the week ended May 24 fell to 2.603 million from 2.623...
  • U.S. Jobless Claims Drop as Labor Market Continues to Improve

    05/29/2014 6:56:45 AM PDT · by SeekAndFind · 28 replies
    Wall Street Journal ^ | 05/29/2014 | By SARAH PORTLOCK And BEN LEUBSDORF
    WASHINGTON—The number of Americans filing claims for new jobless benefits fell last week and remained near prerecession levels, an indication the labor market continues to improve. Initial claims for unemployment benefits dropped by 27,000 to a seasonally adjusted 300,000 in the week ended May 24, the Labor Department said Thursday. Economists surveyed by The Wall Street Journal estimated claims would fall to 319,000 from the prior week. First-time claims for the May 17 week were revised up slightly to 327,000 Meanwhile, a measure of claims that evens out weekly volatility—the four-week moving average—declined by 11,250 last week to 311,500. That...
  • U.S. ECONOMICS: Jobless Claims See 28,000 Bounce, Reverse Early May Drop

    05/22/2014 6:43:55 AM PDT · by SeekAndFind · 15 replies
    NASDAQ ^ | 05/22/2014
    The 28,000 U.S. initial weekly jobless claims bounce to 326,000 reversed the 23,000 drop to a cycle-low 298,000 (was 297,000) from a similar 321,000 in the first week of May and a 345,000 recent-high at the end of April. Claims are averaging a lean 314,000 thus far in May, following recent averages of 322,000 in April, 320,000 in March, and 337,000 in February. Today's 326,000 survey week reading overshot the lean 305,000 April figure, but sits close to the 323,000 March figure and below the 334,000 February figure.