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
Following Challenger Gray's 2nd consecutive monthly rise in layoffs, appearing to resume its uptrend from last year, initial jobless claims rose a modest 3k to 269k (slightly worse than the expected 265k), still near 43 year lows... With...Show More Summary
Initial jobless claims unexpectedly jumped. Claims came in at 269,000, compared to economists' forecasts of claims falling to 265,000. Last week, claims rose more than expected to 266,000. Still, on the positive side, weekly claims have...Show More Summary
If everything is so awesome (as initial claims hovering at 43 year lows suggests) then why are consumer confidence expectations (otherwise known as 'hope') tumbling? Initial jobless claims rose 14k from a revised 252k to 266k, bouncing off near record lows... Show More Summary
The Labor Department will release its weekly data on initial jobless claims at 8:30 a.m. ET. Economists forecast that first-time claims for unemployment insurance increased last week to 262,000 from 253,000, according to Bloomberg. There are seasonal adjustment issues that could make the claims numbers more volatile around this time of year. Show More Summary
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 […]