Submitted by Lee Adler via WallStreetExaminer.com, The headline, fictional, seasonally adjusted (SA) number of initial unemployment claims for last week came in at 267,000. The Wall Street economist crowd consensus guess close to the mark this week, at 272,000. Show More Summary
The nation’s long period of below-trend economic growth extends into its sixth year. 2Q GDP was only 2.3% annualized. The GDP Price Index is also restrained once again, at 2.0% annualized. Initial weekly jobless claims rose 12,000 to 267,000. The 4-week average fell 3,750 to 274,750. Continuing claims fell 1,000 to 2.255 million. The Bloomberg Consumer […]
Initial jobless claims rose 12k last week to 267k but remains zero-interest-rate-dismissingly close to 42 year lows... Charts: Bloomberg
There's more good news about the job market besides the strong initial jobless claims report out today. But instead of Labor Department data, this comes from a cheesecake behemoth. In April, we reported that the Cheesecake Factory was...Show More Summary
Boy, is this bullish. In a note to clients following Thursday's blockbuster initial jobless claims report, Chris Rupkey, chief financial economy at MUFG, wrote that, "Current labor market conditions are the tightest in a generation." Rupkey...Show More Summary
Initial claims for US unemployment insurance benefits fell to their lowest level in nearly 42 years last week in another sign of tightening in the country’s jobs market. New jobless claims, a sign of the pace of layoffs, fell to 255,000 in the week through July 18, down 26,000 from the...
Time for a rate hike? Initial jobless claims dropped 26,000 to 255k - its lowest since Nov 1973 While July 4th adjustments may indeed be a factor, it appears things have hardly ever been better - according to this data anyway. Charts: Bloomberg
The Department of Labor will release its weekly tally of initial jobless claims at 8:30 a.m. ET. Economists forecast that initial filings for unemployment insurance dipped to 278,000 from 281,000 in the prior period, according to Bloomberg. The...Show More Summary
Initial claims for US unemployment insurance benefits fell last week as the economy adds a solid number of jobs each month, government data released Thursday showed. New jobless claims dropped by 15,000 to 281,000 in the week ending July 11, the Labor Department reported. The decline in claims was...
Following last week's spike in initial jobless claims, this week saw a modest pull back to 281k (slightly better than the 285k expectations) but hovering at the average for the year, notably confirming that post-QE3 we have seen the improving trend in claims cease. The smoother 4-week average rose to 282k - the highest in almost 3 months. Charts: bloomberg
The latest weekly data on initial jobless claims will cross at the bottom of the hour. Economists forecast that claims totaled 285,000 last week, according to Bloomberg. In the prior period, the number of claims filed for jobless benefits rose to 297,000, the highest since the week of February 28. Show More Summary
Chain stores today are reporting mostly stronger rates of year-on-year sales growth in June. Initial weekly jobless claims rose 15,000 to 297,000. The 4-week average rose 4,750 to 279,500. Continuing claims rose 69,000 to 2.334 million. The Bloomberg Consumer Comfort Index fell -0.5 points to 43.5 in the latest week. The Fed’s balance sheet rose $2.2 […]
Initial jobless claims have surged almost 30k in the last 2 weeks and are nearing the Maginot Line of 300k (printing 297k vs 285k exp). This is the worst claims print since mid-Feb and well above the levels that occurred at the end of QE3. Show More Summary
At 8:30 a.m. ET, we'll get the latest weekly tally of initial jobless claims. Economists estimate that claims for unemployment insurance totaled 275,000 last week, down from 281,000 in the previous period, according to Bloomberg. Here's...Show More Summary
At 8:30 a.m. ET we'll get the latest weekly tally of initial jobless claims, just as the June jobs report is released. Economists estimate that claims for unemployment insurance fell slightly to 270,000 last week, from 271,000 in the prior period. Show More Summary
The weekly report on initial jobless claims is set for release at 8:30 am ET. Expectations are for the report to show claims totaled 273,000 this week, up slightly from 267,000 last week. We'll be back with the live numbers when they hit. Join the conversation about this story » NOW WATCH: Forget the Apple Watch — here's the new watch everyone on Wall Street wants
The headline, fictional, seasonally adjusted (SA) number of initial unemployment claims for last week came in at 267,000. The Wall Street economist crowd consensus guess was a little too high at 276,000, a non material difference. We have no interest in the seasonally manipulated headline number expectations game. Show More Summary
New claims for US unemployment benefits fell last week, the government said Thursday in a report adding further evidence of a tightening labor market. Initial jobless claims dropped by 12,000 to 267,000 in the week ending June 13, the Labor Department said. The prior week’s level was...
Economists expected initial unemployment benefits to tick a little higher in mid-June. Fortunately, the opposite happened.
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to a tightening labor market. Initial claims for state unemployment benefits dropped 12,000 to a seasonally adjusted 267,000 for the week ended June 13, the Labor Department said on Thursday. Show More Summary