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Keyword: joblessclaims

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  • 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.
  • US jobless claims decline to lowest level in 7 years: Dropped by 24,000 to 297,000 week ended May 10

    05/15/2014 6:34:14 AM PDT · by SeekAndFind · 21 replies
    LiveMint ^ | 05/15/2014 | Lorraine Woellert
    The fewest Americans in seven years filed applications for unemployment benefits last week as the labour market continued to improve. Jobless claims dropped by 24,000 to 297,000 in the week ended 10 May, less than any economist projected in a Bloomberg survey and the least since May 2007, figures from the labour department showed on Thursday in Washington. The median estimate of 49 economists surveyed was 320,000. Firings have been slowing, setting the stage for continued growth in employment and wages. While payrolls rebounded in April after the holidays and a weather-induced soft patch earlier in the year, many companies...
  • U.S. jobless claims fall, snap three-week upward trend

    05/08/2014 6:33:44 AM PDT · by SeekAndFind · 12 replies
    Reuters ^ | 05/08/2014 | LUCIA MUTIKANI
    The number of Americans filing new claims for unemployment benefits fell more than expected last week, indicating the labor market was strengthening despite a run-up in applications in prior weeks. Initial claims for state unemployment benefits declined 26,000 to a seasonally adjusted 319,000 for the week ended May 3, the Labor Department said on Thursday. The decline snapped three straight weeks of increases. Claims for the week ended April 26 were revised to show 1,000 more applications received than previously reported.
  • US Jobless Claims Jumped 14,000 To 344,000 In April 26 Week

    05/01/2014 6:41:18 AM PDT · by SeekAndFind · 12 replies
    WASHINGTON (MNI) - Initial claims for U.S. state unemployment benefits jumped for the second straight week in the April 26 week, climbing by 14,000 to 344,000, the Labor Department reported Thursday. The Labor Department said there were no special factors, however, the latest report reflects a second straight week of a double digit increase in initial claims which are now at the highest level since February 22 week when they were 351,000. Expectations for this week's report was for a claims level of 320,000, which would have been a 9,000 decrease from the previously reported 329,000 level in the April...
  • Jobless Claims Rise, But Economists Eye Seasonal Issues

    04/24/2014 6:48:30 AM PDT · by SeekAndFind · 19 replies
    Fox Business News ^ | 04/24/2014
    The number of Americans filing new claims for unemployment benefits increased more than expected last week, but the rise probably does not suggest a shift in labor market conditions as the underlying trend continued to point to strength. Initial claims for state unemployment benefits rose 24,000 to a seasonally adjusted 329,000 for the week ended April 19, the Labor Department said on Thursday. Claims for the week ended April 12 were revised to show 1,000 more applications received than previously reported. Economists polled by Reuters had forecast first-time applications for jobless benefits rising to 310,000. The increase probably reflects difficulties...
  • 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 week’s 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 week’s 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...