Most U.S. were little changed on Friday after a disappointing reading on jobless claims, though the S&P 500 inched up 0.0% for its 38th record finish of 2014. on the heels of an upbeat report on weekly jobless claims in the U.S. Gold and shares of gold miners rallied after recent plunges. Daily Performance for [...]
Bloomberg News Mario Draghi, president of the European Central Bank (ECB). U.S. rose on Thursday, clinching the S&P 500?s 37th record finish of 2014, on the heels of an upbeat report on weekly jobless claims in the U.S. and after European Central Bank President Mario Draghi promised a larger stimulus to buttress flagging European economic [...]
Today's comic by Ruben Bolling is Christie & Cuomo's guide to Ebola: Applications for unemployment compensation at 14-year low: For the week ending Nov. 1, seasonally adjusted initial claims for unemployment compensation fell to 278,000, down 10,000 from the previous week. Show More Summary
The number of Americans filing for unemployment benefits fell to 278,000 last week, beating economists' projections and hinting at an improved job market, the Labor Department sad Thursday. With the drop, the four-week average for jobless claims — which irons out week-to-week fluctuations — is now lower than it has been in 14 years. More
New claims for US unemployment insurance benefits fell last week in a fresh sign of the improving jobs market, the Labor Department reported Thursday. Initial jobless claims fell by 10,000 to 278,000 in the week ending November 1, the lowest level in 14 years, the Labor Department said. The reading...
Despite a surge in job cuts, initial jobless claims beat expectations dropping to just 278k (the 2nd lowest of the cycle). The smoother 4-week average dropped to its lowest since April 2000 - nearing levels not seen since 1974... time for moar QE? Continuing claims also dropped to cycle lows... Show More Summary
After two straight weeks of slightly higher than expected readings, Initial Jobless Claims came in weaker than expected for the latest week. While economists were forecasting a level of 285K, the actual reading came in at 278K. WithShow More Summary
Wilfredo Lee/AP By Lucia Mutikani WASHINGTON -- The number of Americans filing new claims for unemployment benefits fell more than expected last week, in the latest sign of tightening labor market conditions. Initial claims for state unemployment benefits dropped 10,000 to a seasonally adjusted 278,000 for the week ended Nov. Show More Summary
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell more than expected last week, in the latest sign of tightening labor market conditions. Initial claims for state unemployment benefits dropped 10,000 to a seasonally adjusted 278,000 for the week ended Nov. Show More Summary
The latest report on weekly jobless claims is set for release at the bottom of the hour. Expectations are for the report for to show claims totaled 285,000 last week, down slightly from last week's 287,000. This report also comes a day before Friday's October jobs report. We'll be back with the live number when it hits... Join the conversation about this story »
At 8:15 a.m. ET, we'll get the ADP employment report. Economists estimate private payrolls increased by 212,000 in October. "Initial jobless claims have continued to push lower over the month, supporting the labor market and job growth," Bank of America Merrill Lynch economists said. Show More Summary
The initial estimate for 3rd Quarter 2014 GDP came in at 3.5% annualized, led by personal consumption expenditures. The GDP price index rose at 1.3% annualized. Initial weekly jobless claims rose 3,000 to 287,000. The 4-week average fell 250 to 281,000. Continuing claims rose 29,000 to 2.384 million. The Bloomberg Consumer Comfort Index fell -0.5 […]
Jobless claims for the latest week came in slightly ahead of forecasts, but still remain right near their multi-year lows. While economists were expecting a print of 285K, the actual reading came in at 287K, which was an increase of 3K from last week. Show More Summary
Initial claims rose a very modest 3k this week but it does little to change the overall picture of a jobs market where there is no hiring and therefore no firing. The 4-week moving average of initial claims has only been lower than this once in 40 years. Show More Summary
Initial jobless claims will be released this morning at 8:30am. The expectation is for 285,000. Last week's claims were 283,000 after an incredibly low 266,000 reading two weeks ago (the lowest reading since April 2000). Join the conversation about this story »
Initial claims for jobless benefits jumped last week from a post-Great Recession low, but the average over the past four weeks was the lowest since 2000 for the volatile but closely watched barometer of the labor market.