By now we have shown every possible divergence between the ongoing collapse in jobless claims (everything is awesome) as practically every manufacturing and service economy hard data print suggests the exact opposite. So this week, we...Show More Summary
The Department of Labor will release its weekly reading on initial jobless claims at 8:30 a.m. ET. Economists forecast that first-time filings for unemployment insurance rose by 4,000 to 250,000 last week, according to Bloomberg. The...Show More Summary
Succinct Summation of the Week’s Events: Positives: 1. Initial jobless claims were 246k, 7k less than expected; revisions were down 3k to last week’s number. This level of claims was last seen in 1973. 2.Retail sales in auto’s and building materials had sales gains up 1.1% and 1.4% respectively. Show More Summary
Import prices rose 0.1% in September, while export prices rose 0.3%. On a year-over-year basis, import prices fell -1.1% while export prices declined-1.5%. Initial weekly jobless claims fell 6,000 to 246,000. The 4-week average fell 3,250 to 249,250. Continuing claims fell 16,000 to 2.046 million. The Bloomberg Consumer Comfort Index rose 0.7 points to 42.1 […]
The death cross of economic textbooks just got death-ier... US economic growth expectations plumb new post-crisis lows... as initial jobless claims crash to their lowest (best) since 1973!! Because it's not the "manufacturing" economy that's helping... And it's not the "Services" economy either... So... Explain that!
The Department of Labor's weekly release of initial jobless claims data will drop at 8:30 a.m. ET. Economists forecast that the number of first-time filings for unemployment insurance rose by 4,000 to 253,000 last week, according toShow More Summary
Initial jobless claims beat expectations and dropped to 249k last week. This dragged the smoother 4-week average to its lowest level since 1973... Initial claims at 43 year lows... Continuing claims at 16 year lows... Probably time to holde rates just another month or two?
The weekly release on initial jobless claims from the Department of Labor will drop at 8:30 a.m. ET. Economists forecast that first-time claims for unemployment insurance climbed to 256,000 last week from 254,000 prior, according to Bloomberg. Because it's a weekly data series, it tends to be volatile and subject to revision. Show More Summary
The latest numbers for initial jobless claims will be out at 8:30 a.m. ET. Economists forecast that claims ticked up slightly to 260,000. Last week, claims fell by 8,000 to 252,000. Claims have not totaled more than 300,000 in a single...Show More Summary
Dear Labor Department, please explain... Initial jobless claims tumbled last week to 252k - practically its lowest level since 1973. BUT... US economic growth has collapsed as jobless claims have plunged to four-decade lows... And that's...Show More Summary
The Department of Labor will publish its weekly report on initial jobless claims at 8:30 a.m. ET. Economists forecast, according to Bloomberg, that first-time claims for unemployment insurance rose by 1,000 to 260,000 last week. As the...Show More Summary
Initial jobless claims rose less than expected. Claims inched up slightly to 260,000, up from last week's 259,000. Meanwhile, economists had forecast that claims ticked up slightly to 265,000. This is the fifth week in a row claims came...Show More Summary
Initial jobless claims came in lower than expected at 259,000. Economists expected the number of people claiming unemployment insurance to rise to 265,000 after coming in at 263,000 last week. This is the fourth week in a row that claims...Show More Summary
Initial jobless claims came in at 263,000 for the week according to the Labor Department. This is better than economists expectation of 265,000. The number maintains the now 78 straight week streak of claims coming in under 300,000.Show More Summary
WASHINGTON, Aug 25 (Reuters) - The number of Americans filing for unemployment benefits unexpectedly fell last week, suggesting the labor market was continuing to gain momentum. Initial claims for state unemployment benefits slipped 1,000 to a seasonally adjusted 261,000 for the week ended Aug. Show More Summary
The Department of Labor is set to release data on initial jobless claims at 8:30 a.m. ET. The measure of the labor market is expected to come in at 265,000 new claims according to economists. Last week claims came in better than expectations...Show More Summary
The employment picture continues to improve during August. Initial claims for unemployment fell to 262,000 for the week ending August 13, down 4,000 from the week before. The result was marginally better than the analyst consensus, which had called for 265,000 claims. However, the four-week moving average rose to 265,250, an increase of 2,500 from [...]
US weekly unemployment claims fell again in the second week of August, continuing their recent streak, according to the Labor Department. Initial claims for unemployment fell to 262,000 for the week ending August 13, down 4,000 from the week before. The result was marginally better than the analyst...
The Philadelphia Fed survey went positive, rising from-2.9 to 2.0 in August. The Conference Board’s Index of Leading Indicators for August rose 0.4%. Initial weekly jobless claims fell 4,000 to 262,000. The 4-week average rose 2,500 to 265,250. Continuing claims rose 15,000 to 2.175 million. The Bloomberg Consumer Comfort Index rose 1.8 points to 43.6 […]
Initial jobless claims fell more than expected. The claims, announced Thursday, came in at 262,000, below economists' expectations of a slight dip to 265,000. Claims have now been below 300,000 for 76 straight weeks — the longest streak...Show More Summary