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Keyword: joblessclaims

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  • Jobless claims inch up, but remain near 7-year low

    04/17/2014 6:29:40 AM PDT · by SeekAndFind · 25 replies
    MSNBC ^ | 04/17/2014 | Steve Benen
    Initial unemployment claims improved unexpectedly last week to a level unseen in seven years, and though the new figures from the Labor Department aren’t quite as good, they’re close. The number of people who applied for unemployment-insurance benefits ticked up by 2,000 to 304,000 in the week that ended April 12, a slight increase from the lowest level since 2007, signaling that employers are maintaining a slow pace of layoffs, according to government data released Thursday. Economists polled by MarketWatch had expected claims to total a seasonally adjusted 315,000 in the latest weekly data. The average of new claims over...
  • Jobless claims tumble to near seven-year low

    04/10/2014 5:41:28 AM PDT · by SeekAndFind · 17 replies
    Reuters ^ | 04/10/2014
    The number of Americans filing new claims for unemployment benefits fell sharply last week to the lowest level in almost seven years, which could bolster views of an acceleration in job growth after a cold winter dampened hiring. Initial claims for state unemployment benefits dropped 32,000 to a seasonally adjusted 300,000 for the week ended April 5, the lowest level since May 2007, the Labor Department said on Thursday. Claims for the week ended March 29 were revised to show 6,000 more applications received than previously reported. Economists polled by Reuters had forecast first-time applications for jobless benefits falling to...
  • Weekly Jobless Claims Rise More than Expected by 16,000

    04/03/2014 6:46:20 AM PDT · by SeekAndFind · 26 replies
    Fox News ^ | 04/03/2014
    The number of Americans filing new claims for unemployment benefits rose more than expected last week, but the underlying trend continued to point to some strength in the labor market. Initial claims for state unemployment benefits increased 16,000 to a seasonally adjusted 326,000, the Labor Department said on Thursday. Claims for the week ended March 22 were revised to show 1,000 fewer applications received than previously reported. Economists polled by Reuters had forecast first-time applications for jobless benefits rising to 317,000 in the week ended March 29. The four-week moving average for new claims, considered a better measure of underlying...
  • US economy expanded in fourth quarter; jobless claims tumble

    03/27/2014 6:34:13 AM PDT · by SeekAndFind · 12 replies
    CNBC ^ | 03/27/2014 | Justin Solomon | CNBC
    The number of Americans filing new claims for unemployment benefits unexpectedly fell last week and touched its lowest level in nearly four months, suggesting the labor market was strengthening. A separate report showed U.S. economic growth was a bit faster than previously estimated in the fourth quarter, displaying underlying strength that could bolster views that the slowdown in activity early in the year would be temporary. Initial claims for state unemployment benefits declined 10,000 to a seasonally adjusted 311,000, the lowest level since November, the Labor Department said on Thursday. Claims for the week ended March 15 were revised to...
  • U.S. first-time jobless claims up by 5K to 320K

    03/20/2014 11:31:42 AM PDT · by SeekAndFind · 2 replies
    GANT DAILY ^ | 03/20/2014 | Nathan Andrada
    Washington, DC, United States (4E) The number of Americans who filed for unemployment benefits for the first time climbed slightly higher last week, signaling stabilization in the labor market. In the week ended March 15, initial unemployment claims which gauges the layoff trends across the country jumped by 5,000 to a seasonally adjusted 320,000, according to the Labor Department report released Thursday. The reading is in line with economists estimate in a poll by the Dow Jones Newswires. The previous weeks claims figures were unrevised at 315,000. The four-week moving average of claims a broader figure...
  • Initial jobless claims fall to 315,000, lowest level since November 2013

    03/13/2014 11:48:56 AM PDT · by SeekAndFind · 9 replies
    Los Angeles Times ^ | 03/13/2014 | Jim Puzzanghera
    - Initial jobless claims unexpectedly fell last week to 315,000, the lowest level since November, as the labor market showed signs of emerging from a winter chill. The number of first-time claims for unemployment benefits was down from 324,000 the previous week, the Labor Department said. Economists had projected claims to increase to 330,000. The four-week average fell by 6,250 last week to 330,500.
  • Weekly jobless claims drop sharply to 323,000 as layoffs ease (Three month low)

    03/06/2014 7:04:44 AM PST · by SeekAndFind · 14 replies
    Los Angeles Times ^ | 03/06/2014 | Jim Puzzanghera
    WASHINGTON -- Initial jobless claims fell sharply last week to their lowest level in three months, the Labor Department said Thursday, as a private report showed layoffs eased in February. About 323,000 people filed for first-time unemployment benefits in the week ending Saturday, down from 349,000, the previous week, the Labor Department said. The falloff was steeper than that expected by analysts, who had forecast 338,000 first-time claims. Last week's figure was the lowest since the end of November. Also on Thursday, outplacement consulting firm Challenger, Gray & Christmas Inc. said the pace of business downsizing decreased last month. U.S....
  • Weekly Jobless Claims Unexpectedly Rise to 348K

    02/27/2014 6:26:53 AM PST · by SeekAndFind · 15 replies
    Fox Business News ^ | 02/27/2014
    The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, but the underlying trend suggested no shift in labor market conditions. Initial claims for state unemployment benefits increased 14,000 to a seasonally adjusted 348,000, the Labor Department said on Thursday. Claims for the prior week were revised to show 2,000 fewer applications received than previously reported. Economists polled by Reuters had forecast first-time applications for jobless benefits slipping to 335,000 in the week ended February 22, which included the Presidents Day holiday. While last week's increase pushed them to the upper end of their range so...
  • US jobless claims dip in latest week, stoking labor market hopes

    02/20/2014 6:03:53 AM PST · by SeekAndFind · 16 replies
    CNBC ^ | 02/20/2014
    The number of Americans filing new claims for unemployment benefits fell last week, pointing to steadily improving labor market conditions, despite two straight months of weak hiring. Initial claims for state unemployment benefits declined 3,000 to a seasonally adjusted 336,000, the Labor Department said on Thursday. Claims for the prior week were unrevised. Economists polled by Reuters had forecast first-time applications for jobless benefits falling to 335,000 in the week ended Feb. 15. The four-week moving average for new claims, considered a better measure of underlying labor market conditions as it irons out week-to-week volatility, rose 1,750 to 338,500. A...
  • Initial jobless claims increase to 339,000

    02/13/2014 7:43:18 AM PST · by SeekAndFind · 14 replies
    Los Angeles Times ^ | 02/13/2014 | Jim Puzzanghera
    WASHINGTON -- Initial jobless claims rose last week, but remained at a level consistent with moderate labor market growth amid mixed signals recently about the strength of the economic recovery. About 339,000 people applied for first-time unemployment benefits in the week ended Saturday, up from 331,000 the previous week, the Labor Department said Thursday. Economists had projected a slight decrease to 330,000. The weekly claims figure, a key labor market indicator, has settled in recent weeks to about 335,000 after the usual holiday season volatility. The four-week average rose 3,500 last week, to 336,750. Economists say claims below 350,000 indicate...
  • U.S. initial jobless claims fall by 2,000 last week to 326,000

    01/16/2014 6:27:03 AM PST · by SeekAndFind · 6 replies
    Investing ^ | 01/16/2014
    The number of people who filed for unemployment assistance in the U.S. last week fell to a six-week low, fueling optimism over the U.S. labor market, official data showed on Thursday. n a report, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending January 11 declined by 2,000 to a seasonally adjusted 326,000 from the previous weeks revised total of 328,000. Analysts had expected U.S. jobless claims to hold steady at 328,000 last week. Continuing jobless claims in the week ended January 4 rose to 3.030 million from 2.856 million...
  • Jobless claims fall as labor market firms

    01/09/2014 6:35:40 AM PST · by SeekAndFind · 17 replies
    Chicago Tribune ^ | 01/09/2014 | Lucia Mutikani
    The number of Americans filing new claims for unemployment benefits last week fell slightly more than expected, pointing to an economy that was continuing to gain steam. Initial claims for state unemployment benefits declined 15,000 to a seasonally adjusted 330,000, the Labor Department said on Thursday. Economists polled by Reuters had expected first-time applications to fall to 335,000 for the week ended January 4. The four-week moving average for new claims fell 9,750 to 349,000.
  • Jobless claims fall 42,000 to 338,000

    12/26/2013 6:27:50 AM PST · by SeekAndFind · 27 replies
    MarketWatch ^ | 12/26/2013 | Greg Robb
    First-time claims for state unemployment benefits retreated sharply in the latest week after hitting their highest level since late March in the prior week, the Labor Department said Thursday. The number of initial claims fell 42,000 to 338,000 in the week ended Dec. 21. The consensus forecast of Wall Street economists was for claims to fall to about 345,000. This is the largest drop in weekly claims since November 2012. Analysts cautioned not to read too much into the data
  • Initial Jobless Claims Rise to 368,000, Bucking Latest Trends

    12/12/2013 6:55:56 AM PST · by SeekAndFind · 33 replies
    The Street ^ | 12/12/2013 | BY Keris Alison Lahiff
    Recent jobs data has demonstrated the labor market's resilient return to strength, but the latest initial jobless claims numbers released Thursday paint a different story. Seasonally adjusted initial jobless claims increased 68,000 to 368,000 for the week ended Dec. 7, 22% higher than a revised figure released a week earlier. The four-week moving average jumped 6,000 to 328,750. The increase in new claims for government unemployment benefits has negated recent declines and is higher than expected. According to analysts surveyed by Thomson Reuters, new claims were forecast to rise a modest 20,000 to 320,000 over the week.
  • U.S. Economy Grew At 3.6 Percent In Third Quarter; Jobless Claims Dip

    12/05/2013 11:12:56 AM PST · by SeekAndFind · 11 replies
    NPR ^ | 12/05/2013 | Bill Chappell
    The U.S. economy grew at an annual rate of 3.6 percent in the third quarter, according to data released Thursday by the Bureau of Economic Analysis. That's a rise from the second quarter, when the real gross domestic product tallied a 2.5 percent gain. The pace of growth is the fastest since the first quarter of 2012, which clocked in at 3.7 percent. Thursday's release is the "second" estimate for the third quarter, following up on data released in November that put the GDP's increase at 2.8 percent. But the increase belies some potentially troubling signs. As The Associated Press...
  • Layoffs easing: Initial unemployment claims drop to 316,000

    11/27/2013 9:13:39 AM PST · by SeekAndFind · 27 replies
    Los Angeles Times ^ | 11/27/2013 | Ricardo Lopez
    Layoffs appear to be easing as the number of people who filed for unemployment claims last week dropped by 10,000 to 316,000, the U.S. Labor Department reported Wednesday. The number of initial unemployment claims has decreased in six of the last seven weeks, data show. The four-week moving average, a more reliable measure that irons out weekly volatility, fell by 7,500 to 331,750, the Labor Department said. A year ago, the four-week moving average was 401,000. California recorded the largest drop in initial jobless claims. Not adjusted for seasonality, the data show that claims in the Golden State fell by...
  • U.S. Jobless Claims Fall, Hint At Firming Labor Market

    11/21/2013 6:22:12 AM PST · by SeekAndFind · 29 replies
    FOX BUSINESS ^ | 11/21/2013
    The number of Americans filing new claims for unemployment benefits fell more than expected last week, suggesting some strengthening of labor market conditions. Initial claims for state unemployment benefits dropped 21,000 to a seasonally adjusted 323,000, the Labor Department said on Thursday. Claims for the prior week were revised to show 5,000 more applications received than previously reported. Economists polled by Reuters had expected first-time applications to fall to 335,000 last week. The four-week moving average for new claims, which irons out week-to-week volatility, fell 6,750 to 338,500.
  • Jobless claims fall, but prior week revised higher

    11/14/2013 6:25:40 AM PST · by SeekAndFind · 17 replies
    Reuters ^ | 11/14/2013
    The number of Americans filing new claims for unemployment benefits fell last week, but an upward revision to the prior week's figure suggested the labor market recovery remained gradual. Initial claims for state unemployment benefits fell 2,000 to a seasonally adjusted 339,000, the Labor Department said on Thursday. Claims for the prior week were revised to show 5,000 more applications received than previously reported. Economists polled by Reuters had expected first-time applications to fall to 330,000 last week. The four-week moving average for new claims, which irons out week-to-week volatility, dropped 5,750 to 344,000.
  • U.S. Jobless Claims Come In Above Estimates But Continue To Be Distorted

    10/24/2013 9:00:38 AM PDT · by SeekAndFind · 2 replies
    RTT News ^ | 10/24/2013
    First-time claims for U.S. unemployment benefits fell by less than expected in the week ended October 19th, according to a report released by the Labor Department on Thursday, although the data continued to be distorted. The report said initial jobless claims dropped to 350,000, a decrease of 12,000 from the previous week's revised figure of 362,000. Economists had expected claims to fall to 340,000 from the 358,000 originally reported for the previous week. Jobless claims fell for the second consecutive week, partly offsetting the substantial jump that was seen in the week ended October 5th. However, the Labor Department said...
  • U.S. Weekly Jobless Claims Unexpectedly Drop To 305,000

    09/26/2013 6:35:55 AM PDT · by SeekAndFind · 21 replies
    RTT News ^ | 09/26/2013
    While the data may be taken with a grain of salt in light of recent technical issues, the Labor Department released a report on Thursday showing that first-time claims for U.S. unemployment benefits unexpectedly decreased in the week ended September 21st. The report said initial jobless claims fell to 305,000, a decrease of 5,000 from the previous week's revised figure of 310,000. The modest decrease came as a surprise to economists, who had expected jobless claims to climb to 325,000 from the 309,000 originally reported for the previous week. The jobless claims data in recent weeks was impacted by computer...
  • U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates (Edged down by 6,000 to 331,000)

    08/29/2013 6:32:20 AM PDT · by SeekAndFind · 7 replies
    RTT News ^ | 08/29/2013
    First-time claims for U.S. unemployment benefits showed a modest decrease in the week ended August 24th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims edged down to 331,000, a decrease of 6,000 from the previous week's revised figure of 337,000. The modest drop came roughly in line with the expectations of economists, who expected jobless claims to dip to 330,000 from the 336,000 originally reported for the previous week. Despite the modest pullback, however, jobless claims remain above the five-year low of 322,000 set in the week ended August 10th. The...
  • Weekly Jobless Claims Edge Up as Labor Market Heals

    08/09/2013 5:28:53 AM PDT · by SeekAndFind · 13 replies
    Daily Finance ^ | 08/08/2013 | Jason Lange
    The number of Americans filing new claims for jobless benefits rose slightly last week but was near its lowest level since before the 2007-09 recession, a hopeful sign for the U.S. economy. Initial claims for state unemployment benefits rose by 5,000 last week to 333,000, the Labor Department said Thursday. Economists polled by Reuters had expected first-time applications to rise to 336,000 last week. Claims were volatile in July due to regular summer auto plant shutdowns which make it hard for the government to adjust the data for seasonal swings. But that volatility is now past, and a Labor Department...
  • Weekly jobless claims up more than expected, still in moderate range

    07/25/2013 7:46:42 AM PDT · by SeekAndFind · 14 replies
    Los Angeles Times ^ | 07/25/2013 | Jim Puzzanghera
    Initial jobless claims rose more than expected last week to 343,000, but continued to signal moderate labor market growth. The number of people who filed for first-time unemployment benefits for the week ending Saturday was up 7,000 from the previous week's revised figure of 336,000, the Labor Department said Thursday. Economists surveyed by Bloomberg News had projected the level to be 340,000.
  • U.S. initial jobless claims fall by 24,000 to 334,000 last week

    07/18/2013 7:54:09 AM PDT · by SeekAndFind · 9 replies
    Investing ^ | 07/18/2013
    The number of people who filed for unemployment assistance in the U.S. fell more-than-expected last week, easing concerns over the U.S. jobs 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 13 fell by 24,000 to a seasonally adjusted 334,000, compared to expectations for a drop of 13,000 to 345,000. Jobless claims for the preceding week were revised down to a gain of 358,000, from a previously reported 360,000. Continuing jobless claims in the week ended July 6 rose to...
  • Weekly First-Time Claims For Unemployment Benefits Spiked Last Week to 360,000, Higher Than Expected

    07/11/2013 7:42:02 AM PDT · by SeekAndFind · 16 replies
    International Business Times ^ | 07/11/2013 | Malik Singleton
    The number of Americans applying for first-time unemployment benefits rose sharply last week to 360,000, an increase of 16,000 and much higher than the number analysts were expecting, the U.S. Labor Department said Thursday. Analysts polled by Thomson Reuters I/B/E/S expected, on average, claims for the seven days between June 30 and July 6 to fall to 340,000 below the previous week's revised figure of 344,000. By comparison, there were 363,000 first-time claims filed during the comparable week last year (seasonally adjusted). Although claims spiked, Labor Department officials and economists caution that one should not read too much into any...
  • Good Signs: Jobless Claims Dip And Job Growth Picks Up

    07/03/2013 7:26:42 AM PDT · by SeekAndFind · 16 replies
    NPR ^ | 07/03/2013 | Mark Memmott
    Three reports Wednesday morning all offer at least modestly good news about the U.S. economy: There were 343,000 first-time claims for jobless benefits last week, down 5,000 from the week before, says the Employment and Training Administration. Job growth picked up in the private sector last month, say the data crunchers who produce the monthly ADP National Employment Report. That payroll firm's national survey shows a gain of 188,000 jobs, up from growth of 134,000 jobs in May. Moody's Analytics Chief Economist Mark Zandi, who works with ADP on the surveys, says in a statement that "the job...
  • Initial Jobless Claims Rise To 354,000

    06/20/2013 8:22:36 AM PDT · by SeekAndFind · 14 replies
    Business Insider ^ | 06/20/2013 | Rob Wile
    Initial jobless claims hit 354,000. Consensus was for 340,000, according to Bloomberg. Last week had declined to 334,000. The 4-week moving average was 348,250, an increase of 2,500 from the previous week's revised average of 345,750. Mohamed El-Erian wrote in this space yesterday that for the foreseeable future, prints like this will be watched with greater scrutiny to see if the Fed's sunny economic projections are correct.
  • U.S. Weekly Jobless Claims Unexpectedly Drop To 334,000

    06/13/2013 7:31:44 AM PDT · by SeekAndFind · 36 replies
    RTT News ^ | 06/13/2013
    In a positive sign for the U.S. jobs market, the Labor Department released a report on Thursday showing that first-time claims for unemployment benefits unexpectedly decreased in the week ended June 8th. The Labor Department said initial jobless claims fell to 334,000, a decrease of 12,000 from the previous week's unrevised figure of 346,000. The modest decrease came as a surprise to economists, who had been expecting initial jobless claims to edge up to 350,000. With the unexpected decrease, jobless claims fell for the second consecutive week, pulling back toward the five-year low of 327,000 set in the week ended...
  • Jobless claims: Less firing, but where's the hiring?

    06/06/2013 7:08:08 AM PDT · by SeekAndFind · 27 replies
    CNN Money ^ | 06/06/2013 | By Annalyn Kurtz
    Fewer Americans filed first-time claims for unemployment benefits last week, pointing to more slow and choppy improvement in the job market. About 346,0000 people filed initial jobless claims last week, 11,000 fewer than a week earlier, the Department of Labor said. Jobless claims are a volatile indicator from week to week, but nevertheless are considered a key measure of layoffs. Economists often prefer to look at a four-week moving average, to smooth out some of the choppiness, and that measure rose slightly last week. Some turnover is normal in the job market. In early 2007, before the recession began, it...
  • First-Quarter Growth Revised Down as Jobless Claims Jump

    05/30/2013 7:23:22 AM PDT · by SeekAndFind · 15 replies
    Wall Street Journal ^ | 05/30/2013 | By ERIC MORATH And JEFFREY SPARSHOTT
    <p>The U.S. economy grew at a slightly slower pace than initially estimated in the first quarter and corporate profits shrank during the period, indicative of the lackluster recovery.</p> <p>Meanwhile, the number of U.S. workers seeking first-time unemployment benefits rose for the third time in four weeks, increasing by 10,000 to a seasonally adjusted 354,000 in the week ended May 25, indicating the labor market may have lost steam.</p>
  • Initial jobless claims drop to 340,000 after one-week spike

    05/23/2013 8:56:38 AM PDT · by SeekAndFind · 8 replies
    Los Angeles Times ^ | 05/23/2013 | Jim Puzzanghera
    Initial unemployment claims dropped back to a level indicating moderate job growth last week after a spike the previous week raised alarms about the labor market recovery. The number of people filing for unemployment benefits for the first time stood at 340,000 for the week ending Saturday, falling from a revised 363,000 the week before, the Labor Department said Thursday. Economists had expected the closely watched jobless claims figure to drop last week to 345,0000. Claims for the week ending May 11, which were revised up from 360,000, had the biggest one-week jump since last fall and were the most...
  • Jobless claims hit highest level in six weeks

    05/16/2013 8:13:04 AM PDT · by SeekAndFind · 5 replies
    The Hill ^ | 05/16/2013 | By Vicki Needham
    First-time jobless claims jumped sharply last week a possible signal that businesses are laying off workers over concerns about the effects of across-the-board spending cuts and tax hikes. The number of workers seeking unemployment benefits increased 32,000 to a seasonally adjusted 360,000, the highest level since the end of March, after hitting a five-year low the previous week, the Labor Department reported on Thursday. But the four-week moving average, a figure that provides a better trajectory of where the labor market is headed, rose 1,250 to 339,250, a level that reflects steady hiring. Economists say the market is in better...
  • Weekly jobless claims fall to new 5-year low

    05/09/2013 6:46:51 AM PDT · by SeekAndFind · 35 replies
    The Hill ^ | 05/09/2013 | By Vicki Needham
    First-time jobless claims continued their descent last week, falling to their lowest level in more than five years and providing another sign that the labor market is healing. The number dropped by 4,000 last week to a seasonally adjusted 323,000, the best showing since November 2007, a signal that employers are laying off fewer workers, the Labor Department reported on Thursday. The four-week moving average, a figure that provides a better trajectory of where the labor market is headed, dropped 6,250 to 336,750. This week's figure reflects a healthier labor market. Economists say the market is in better shape when...
  • Weekly Jobless Claims Drop Again, Stay Near 5-Year Low (324,000, down 18,000 from previous week)

    05/02/2013 7:14:00 AM PDT · by SeekAndFind · 30 replies
    NPR ^ | 05/02/2013 | Mark Memmott
    There were 324,000 first-time claims for unemployment insurance last week, down 18,000 from the previous week's 342,000, the Employment and Training Administration reports. Claims continue to run around the lowest pace since early 2008 they haven't been lower since a week in mid-January 2008 when they came in at 321,000. Bloomberg News writes that the drop indicates "companies are retaining staff even as the economy cools." We'll learn much more about the labor market Friday, when the Bureau of Labor Statistics is due to release data on the April unemployment rate and job growth. Bloomberg says that economists expect...
  • U.S. initial jobless claims fall by 16,000 to 339,000 last week

    04/25/2013 6:20:26 AM PDT · by SeekAndFind · 18 replies
    Investing ^ | 04/25/2013
    Investing.com - The number of people who filed for unemployment assistance in the U.S. fell more-than-expected last week, while the previous weeks figure was devised higher, 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 April 19 fell by 16,000 to a seasonally adjusted 339,000, compared to expectations for a decrease of 4,000 to 351,000. Jobless claims for the preceding week were revised up to 355,000 from a previously reported increase of 352,000. Continuing jobless claims in the week ended April 13...
  • US Initial Jobless Claims Rise By 4,000 To 352,000 As Hiring Remains Modest

    04/18/2013 6:24:03 AM PDT · by SeekAndFind · 8 replies
    International Business Times ^ | 04/18/2013 | By Moran Zhang
    The number of Americans filing new claims for jobless benefits rose last week, signaling little improvement in a soft U.S. labor market, though broadly in line with analyst expectations. In the week ended April 13, applications for unemployment insurance payments increased by 4,000 to 352,000, the Labor Department said Thursday. That's the highest level in two months. Economists surveyed by Reuters expected claims to rise to 350,000 from the prior week's upwardly revised figure of 348,000. The four-week moving average, which normally provides a better indication of the underlying trend in labor markets than the weekly number of jobless claims,...
  • Jobless Claims Fell Sharply Last Week (Down 42,000 to 346,000)

    04/11/2013 7:02:58 AM PDT · by SeekAndFind · 19 replies
    NPR ^ | 04/11/2013 | Mark Memmott
    There were 346,000 first-time claims for unemployment benefits, down 42,000 from the week before, the Employment and Training Administration reports. Meanwhile, the "4-week moving average" of claims was 358,000, up by 3,000 from the previous week's 355,000. That measure smooths out some of the volatility in the numbers. After recent reports that were disappointing, including last week's news that employers added only 88,000 jobs to their payrolls in March, Thursday's data on jobless claims were a positive switch. Bloomberg News says the decline in claims was more than forecast and could be a sign that some things that tend to...
  • Jobless Claims Rise; Employment Report Likely To Show Slow Job Growth

    04/04/2013 6:34:52 AM PDT · by SeekAndFind · 14 replies
    NPR ^ | 04/04/2013 | Mark Memmott
    here were 385,000 first-time claims for unemployment insurance last week, up by 28,000 from the week before, the Employment and Training Administration says. The news follows Wednesday's report of slower-than-expected job growth in the private sector: The ADP National Employment Report estimated there were just 158,000 jobs added at businesses last month. And the word that jobless claims have touched a four-month high comes just before Friday's anxiously anticipated report from the Bureau of Labor Statistics. It will release data on the March unemployment rate and job growth in both the public and private sectors. According to Reuters, economists expect...
  • US Jobless Claims Rise 16K To 357,000

    03/28/2013 6:14:19 AM PDT · by SeekAndFind · 91 replies
    NASDAQ ^ | 03/28/2013 | Andrew Ackerman and Josh Mitchell
    WASHINGTON--The number of Americans claiming first-time unemployment benefits rose for the second week in a row, a possible sign that the labor market lost a bit of momentum. Initial jobless claims, an indication of layoffs, increased by 16,000 to a seasonally adjusted 357,000 in the week ended March 23, the Labor Department said Thursday. That was above economists' forecast of 340,000 new claims. The latest week's gain came after claims rose 7,000 to a revised 341,000 in the week ended March 16. The four-week moving average, which smoothes out week-to-week volatility in the data, rose by 2,250 to 343,000. Even...
  • US jobless claims fall for third week in row

    03/14/2013 7:26:04 AM PDT · by SeekAndFind · 12 replies
    Global Post ^ | 03/14/2013
    New claims for US unemployment benefits fell last week for the third week in a row, signaling continuing improvement in the troubled jobs market, Labor Department data released Thursday showed. Jobless claims, an indicator of the pace of layoffs across the country, totaled 332,000 in the week ending March 9, a drop of 10,000 from the prior week's revised number, the department said. Last week's reading was the lowest since January 19, when jobless claims hit a five-year low. The decline surprised analysts who on average expected claims to rise to 350,000
  • U.S. jobless claims drop 7,000 t o 340,000

    03/07/2013 7:01:16 AM PST · by SeekAndFind · 8 replies
    Marketwatch ^ | 03/07/2013 | Jeffrey Bartash
    <p>WASHINGTON (MarketWatch) - The number of people who applied for new U.S. unemployment benefits fell by 7,000 to 340,000 in the week ended March 3, suggesting further improvement in the U.S. labor market.</p> <p>It was the third lowest number of initial claims in five years, according to Labor Department data. Economists surveyed by MarketWatch had expected claims to rise to a seasonally adjusted 353,000 from a revised 347,000 in the prior week.</p>
  • US: Initial Jobless Claims rose to 371K

    01/10/2013 10:34:28 AM PST · by SeekAndFind · 7 replies
    FX Street ^ | 01/10/2013
    According to the Labour Department, the Americans that filed in their first initial claims for regular state unemployment-insurance benefits rose by 4K last week to a seasonally adjusted 371K in the week ended January 5, above expectations at 365K and coming from 367K (revised) in the previous print. Continuing claims, which reflect people already receiving benefits, fell by 127K to a seasonally adjusted 3.109 million in the week ended December 29 vs. 3.236 million in the previous week (revised).
  • Jobless claims fall to lowest in almost 4-1/2 years

    12/27/2012 7:09:02 AM PST · by SeekAndFind · 56 replies
    NBC News ^ | 12/27/2012
    The number of Americans filing new claims for unemployment aid fell last week to nearly its lowest level in 4 1/2 years, a sign that the labor market is healing. Initial claims for state unemployment benefits dropped 12,000 to a seasonally adjusted 350,000, the Labor Department said on Thursday. The prior week's figure was revised to show 1,000 more applications than previously reported. After spiking in the wake of Superstorm Sandy, which ravaged the East Coast in late October, the weekly levels of new claims have now dropped to their lowest levels since the early days of the 2007-09 recession....
  • Initial jobless claims climb 17,000 to seasonally adjusted 361,000 in the week ended Dec. 15

    12/20/2012 6:56:37 AM PST · by SeekAndFind · 11 replies
    Marketwatch ^ | 12/20/2012 | Steve Goldstein
    <p>First-time claims for unemployment benefits climbed 17,000 in the latest week, though to a level that suggests the U.S. labor market is continuing its steady but painfully slow improvement.</p> <p>The Labor Department said Thursday that first-time jobless claims rose to a seasonally adjusted 361,000 in the week ended Dec. 15, versus a slightly upwardly revised 344,000 in the prior week. Thats almost exactly in line with the MarketWatch-compiled economist consensus of 360,000.</p>
  • Jobless claims fall sharply, recover from Sandy (Down to 343,000)

    12/13/2012 7:05:12 AM PST · by SeekAndFind · 18 replies
    Reuters ^ | 12/13/2012 | Jason Lange;
    The number of Americans filing new claims for unemployment benefits fell for a fourth straight week last week, pointing to steady healing in the labor market. Initial claims for state unemployment benefits dropped 29,000 to a seasonally adjusted 343,000, the Labor Department said on Thursday. The prior week's figure was revised to show 2,000 more applications than previously reported. Last week's drop left new claims at their lowest since the week of October 6, and well below the levels just before superstorm Sandy, which slammed into the East Coast in late October and triggered several weeks of volatile claims numbers.
  • Unemployment Plunges to 3.8% for Government Workers; Government Adds 35,000 Jobs in November

    12/07/2012 8:12:27 AM PST · by SeekAndFind · 29 replies
    CNS News ^ | 12/07/2012 | Terence Jeffrey
    The unemployment rate for civilian government workers plunged from 4.2 percent in October to 3.8 percent in November, according to the Bureau of Labor Statistics, as government added 35,000 to its taxpayer-funded payrolls during the month. In October, federal, state and local governments in the United States employed 20,524,000 people. In November, that climbed to 20,559,000. As recently as July, the unemployment rate for government workers was as high as 5.7 percent, according to the BLS. That month, government employed only 20,015,000. Since July, times have been very good for government in the United States, with governments managing to add...
  • Phony cheer in unemployment numbers

    12/07/2012 8:10:03 AM PST · by SeekAndFind · 3 replies
    American Thinker ^ | 12/07/2012 | Thomas Lifson
    Obama partisans are hailing the "surprising" fall in unemployment as a sign that a recovery is showing strength. But the official metric for unemployment, U-3, counts only people actively looking for jobs, and that is the figure which has declined to 7.7%. Neil Irwin in the Washington Post explains: The jobless rate dropped in large part because the labor force fell by 350,000, suggesting that people gave up looking for work. The number of people saying they had a job actually fell by 122,000. And the Labor Department revised downward its estimates of job creation in September and October by...
  • US: Initial Jobless Claims fell to 393K

    11/29/2012 7:02:16 AM PST · by SeekAndFind · 12 replies
    FXStreet ^ | 11/29/2012
    According to the Labor Department, the americans that filed in their first initial claims for regular state unemployment-insurance benefits fell by 17K last week to a seasonally adjusted 393K in the week ended November 24, above expectations at 390K and coming from 410K (revised) in the previous print. Continuing claims, which reflect people already receiving benefits, fell by 50K to a seasonally adjusted 3.2878 million in the week ended November 17 vs. 3.337 million in the previous week (revised).
  • DATA SNAP: U.S. Jobless Claims Fall 23K to 369K

    10/25/2012 7:08:41 AM PDT · by SeekAndFind · 14 replies
    NASDAQ ^ | 10/25/2012 | Jeffrey Sparshott and Eric Morath
    <p>WASHINGTON--The number of U.S. workers filing applications for jobless benefits fell last week, suggesting that the labor market continues to slowly improve.</p> <p>Initial jobless claims--a measure of layoffs--dropped by 23,000 to a seasonally adjusted 369,000 in the week ended Oct. 20, the Labor Department said Thursday. Economists surveyed by Dow Jones Newswires had forecast 365,000 new applications for jobless benefits.</p>
  • Media Suddenly Muted on Jobless Claims

    10/18/2012 10:13:22 AM PDT · by trappedincanuckistan · 9 replies
    Big Journalism ^ | 10/18/12 | Joel B. Pollack
    Last Thursday morning, the headlines on National Public Radio were jubilant. "Jobless Claims Drop To Lowest Level In More Than Four Years," they crowed. NPR's anchors repeated the news in their hourly and half-hourly updates. The sudden, seasonally-adjusted drop--from 369,000 to 339,000 new claims--was touted by NPR and the rest of the mainstream media as timely evidence of economic recovery under President Barack Obama. This week, jobless claims have soared to 388,000--a four-month high. NPR explained, correctly, that both changes were largely the result of the fact that California failed to process all of its jobless claims last week and...