WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits unexpectedly fell last week, hitting a three-month low as the labor market continues to gather momentum. Initial claims for state unemployment benefits slipped...Show More Summary
The latest data on initial jobless claims crosses the wires at 8:30 a.m. ET. Economists expect claims to rise slightly to 265,000, according to the Bloomberg consensus. Last week claims held steady at 254,000. Claims have not risen above...Show More Summary
Initial jobless claims held steady at 254,000 from the prior week. Economists were expecting claims to rise slightly to 265,000, according to Bloomberg. Claims have not risen above 300,000 for 71 straight weeks — the longest stretchShow More Summary
Despite six months of deteriorating labor market conditions (based on The Fed's 19-factor all-sining-all-dancing 'experimental' model") initial jobless claims beat expectations printing a near 43-year low 254k. Once again, providing no excuses for a data-dependent Fed to hike rates... So who is right - The Fed or The Department of Labor?
WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits unexpectedly held at lower levels last week, pointing to further momentum in the labor market after job growth surged in June. Initial claims for state unemployment...Show More Summary
What is The Fed to do? Initial jobless claims fell to a 43-year low today. That is the good news. The bad news? U-6 underemployment is 9.7%. The post Initial Jobless Claims Falls To 43-year Lows, Meanwhile U-6 Underemployment Is At 9.7% was originally published at The Wall Street Examiner. Follow the money!
WASHINGTON, (Reuters) - The number of Americans filing for unemployment benefits unexpectedly fell last week, offering further confirmation that the labor market remains on solid footing despite tepid job gains in May. Initial claims...Show More Summary
While nonfarm and ADP payrolls data starts to roll over, along with The Fed's labor market conditions indicator, initial jobless claims re-plunged back to its lowest since 1973. A significant drop of 16k to 254k is the lowest - except...Show More Summary
The latest weekly data on initial jobless claims will cross at 8:30 a.m. ET. Economists forecast that claims rose by 1,000 to 269,000 last week, according to Bloomberg. The forthcoming data will capture the first week of the annual period...Show More Summary
The volatile Chicago Purchasing Manager’s Index jumped from 49.3 to 56.8 in June. Initial weekly jobless claims rose 10,000 to 268,000. The 4-week average is unchanged at 266,750. Continuing claims fell 20,000 to 2.120 million. The Bloomberg Consumer Comfort Index fell -0.3 points to 43.9 in the latest week. The Fed’s balance sheet fell $-15.5 […]
WASHINGTON, (Reuters) - The number of Americans filing for unemployment benefits rose last week, but remained below a level associated with a healthy labor market. Initial claims for state unemployment benefits increased 10,000 to a seasonally adjusted 268,000 for the week ended June 25, the Labor Department said on Thursday. Show More Summary
Initial jobless claims rose a bit more than expected. The latest reading came in at 268,000, above economists' expectations of 267,000. The 4-week moving average was 266,750, a drop of 250 from the previous week's average of 267,000. Initial claims have now been below 300,000 for 68 straight weeks — the longest streak since 1973. Join the conversation about this story »
Fewer Americans filed new claims for US unemployment insurance benefits last week than expected, holding to low levels in a firm labor market, government data showed Thursday. The Labor Department said initial jobless claims, a sign of the level of layoffs, fell by 18,000 to 259,000 in the week...
WASHINGTON, (Reuters) - The number of Americans filing for unemployment benefits fell last week to near a 43-year low, suggesting labor market resilience even though hiring slowed sharply in May. Initial claims for state unemployment...Show More Summary
Who knows best? The Department of Labor - who is telling the American public that the labor market, based on initial claims, are hovering near the best levels in 42 years; or The Fed - who is warning that labor market conditions areShow More Summary
The latest weekly numbers on initial jobless claims are set for release at 8:30 a.m. ET. Economists forecast that first-time filings for unemployment insurance totaled 270,000 last week, according to Bloomberg. Last week, claims totaled...Show More Summary
Initial jobless claims just rose more than expected. The latest reading came in at 277,000, above economists' expectations of 270,000. The 4-week moving average was 269,250, a drop of 250 from the previous week's unrevised average of 269,500. Claims have now been below 300,000 for 67 straight weeks — the longest streak since 1973. Show More Summary
Having been told yesterday by Janet Yellen that The Fed's Labor Market Indicator is merely "experimental" - contradicting her Aug 2014 exuberance over the index - we thought it worth highlighting just how decoupled the nation's labor market data really is. Show More Summary
Wholesale inventories rose a sharp 0.6% in April, but a 1.0% rise in wholesale sales reduced the stock-to-sales ratio to 1.35. Initial weekly jobless claims fell 4,000 to 264,000. The 4-week average fell 7,500 to 269,500. Continuing claims fell 77,000 to 2.095 million. The Bloomberg Consumer Comfort Index was unchanged at 43.2 in the latest […]
The latest weekly initial jobless claims numbers will cross at 8:30 a.m. ET. Economists estimate that the number of first-time filings for unemployment benefits rose to 270,000 last week from 267,000 in the prior period, according to...Show More Summary