Trend Results : Initial Jobless Claims


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What Made Gold Go Up, Update 20 Oct 2017

Yesterday, the Department of Labor announced that initial jobless claims dropped. Quite a lot. So naturally, markets reacted. The stock market began to rise. The euro rose, at least for a while. And the prices of our favorite heavy metals rose, particularly silver. Show More Summary

Hurricane adjusted initial claims for week of Sept. 2: 239,000

Hurricane adjusted initial claims for week of Sept. 2: 239,000 Last week I promised I would repeat an exercise I first undertook in 2012 when Superstorm Sandy disrupted the initial claims data: estimating what the initial jobless claims would have been, but for the hurricane. In 2012 I created that adjustment by backing out the […]

A note on Hurricane Harvey and unemployment claims

A note on Hurricane Harvey and unemployment claims Initial jobless claims for last week were reported at 298,000 this morning, a jump of over 50,000 from recent levels. As most people probably already know, this huge jump had everything to do with Hurricane Harvey shutting down southeastern Texas, including the entire 7 million Houston metro […]

Initial jobless claims surge because of Hurricane Harvey

Initial jobless claims surged by 62,000 in the wake of Hurricane Harvey, Labor Department data released on Thursday showed. Claims, which count the number of people who applied for unemployment for the first time, rose to 298,000 from the prior week's unrevised reading of 236,000. Show More Summary

Jobless Claims Spike Most Since 2005 Amid Harvey Hangover

Initial jobless claims spiked 62k last week - thanks to a 51k surge in Texas - as the impact of Hurricane Harvey ripples (transitorily) through economic data. This 26% spike in claims is the largest since 2005 (and biggest absolute rise...Show More Summary

Succinct Summation of Week’s Events 8.18.17

Succinct Summations for the week ending August 18th, 2017 Positives: 1.White House Strategist Steve Bannon is fired, giving hope for some policy stability in the future. 2. Initial jobless claims remain low, at 232k. The 4-week average is now down to 240.5k. Show More Summary

Here come initial jobless claims...

The latest read on initial jobless claims will be out at 8:30 a.m. ET. Economists forecast claims, which count the number of people who applied for unemployment for the first time, dipped to 245,000. Last week, claims unexpectedly rose...Show More Summary

Succinct Summation of Week’s Events 6.23.17

Succinct Summations for the week ending June 23rd, 2017 Positives: 1. S&P 500 made another all-time closing high. 2. Existing home sales rose 1.1% to a higher-than-expected 5.620 million annualized rate. 3. Initial jobless claims rose slightly to 241k, but the 4-week average remains low, at 244.75k. Show More Summary

Here come initial jobless claims...

The latest read on the health of the US labor market will be out at 8:30 a.m. ET. Economists forecast that initial jobless claims, which could the number of people who applied for unemployment insurance for the first time, fell to 241,000. Last week, claims fell less than expected to 245,000, according to the Labor Department. Show More Summary

Initial jobless claims fall less than expected

Initial jobless claims fell less than expected. Claims, which count the number of people who applied for unemployment insurance for the first time, fell to 245,000, according to the Labor Department. Economists were expecting claimsShow More Summary

Initial jobless claims tick up

Initial jobless claims were little changed. Claims, which count the number of people who applied for unemployment insurance for the first time, rose by 1,000 to 234,000 from last week's upwardly revised 233,000. Economists had forecast...Show More Summary

Succinct Summation of Weeks Events 5.19.17

Succinct Summations for the week ending May 19th, 2017.   Positives: 1. The index of leading indicators rose 0.3%. 2. Initial jobless claims fell to 232k, the 4-week moving average fell to 240.75k. 3. Industrial production rose 1% m/o/m, above the 0.4% expected increase. Show More Summary

Initial jobless claims unexpectedly drop

Initial jobless claims unexpectedly dropped. Claims, which count the number of people who applied for unemployment insurance for the first time, fell by 2,000 to 236,000. Economists had forecast that claims would rise to 245,000 from...Show More Summary

Here come initial jobless claims...

The latest reading on initial jobless claims will cross the wires at 8:30 a.m. ET. Economists forecast that claims, which count the number of people who applied for unemployment insurance for the first time, dipped to 248,000. Last week, claims rose by 14,000 to 257,000, according to the Labor Department. Show More Summary

Initial Jobless Claims Jump Most In 5 Months; Higher Since Trump's Election

The last two weeks have seen initial jobless claims rise 23k to 257k. This is the biggest 2-week rise since Thanksgiving last year and is back above the Trump election levels and the start of 2017 levels. This is a four-week high but could perhaps be impacted by the holiday during the most recent period.

Here come initial jobless claims...

The latest read on initial jobless claims will be out at 8:30 a.m. ET. Economists forecast that claims, which count the number of people who applied for unemployment insurance for the first time, rose slightly to 245,000. Last week, claims increased by 10,000 to 244,000 from the prior unrevised reading of 234,000, according to the Labor Department. Show More Summary

Succinct Summation of Week’s Events 4.21.17

Succinct Summations for the week ending April 21st, 2017. Positives: 1. Existing home sales rose 4.4% m/o/m and 5.9% y/o/y to an annualized rate of 5.710 million. 2. Industrial production rose 0.5% m/o/m. 3. Initial jobless claims came in at 244k, the 4-week average is lower for the 3rd straight week. Show More Summary

Here come initial jobless claims...

The latest read on intial jobless claims will be out at 8:30 a.m. ET. Economists forecast that claims, which count the number of people who applied for unemployment insurance for the first time in the past week, climbed to 240,000. Last...Show More Summary

Here come initial jobless claims ...

Initial jobless claims are expected to have climbed to 254,000 last week, according to economists surveyed by Bloomberg. Claims, which count the number of people who applied for unemployment insurance for the first time in the past week,...Show More Summary

Initial jobless claims fell by more than expected

Initial jobless claims fell by more than expected. Claims, which count the number of people who applied for unemployment insurance for the first time in the past week, fell by 25,000 to 234,000. Economists had forecast that they would...Show More Summary

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