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Showing posts with label jobless claims. Show all posts
Showing posts with label jobless claims. Show all posts

Thursday, 25 August 2016

Jobless claims in the US fell to 261,000, the cuts are scarce

The number of Americans who have filed claims for unemployment benefits last week fell by 1,000 to 261,000, and remained near lows after the recession, indicating that the labor market is healthy and less people lose their jobs.
Economists had forecast jobless claims to total 264,000 in the week from August 14 to August 20.
The average number of new claims for unemployment fell last month by 1250 to 264,000, said the Labor Department on Thursday. Less reluctant average value for four weeks is seen as a more accurate measure of trends in the labor market.
The number of people, filing for benefits in weekly basis, reached 27 year high of 665,000 at the end of the Great Recession in 2009, before starting their long descent. Benefits fell below the key level of 300,000 in early 2015 and stayed there for 77 consecutive weeks, the longest run since 1970.
Continuing jobless claims, meanwhile, fell by 30,000 to 2.15 million in the week, ended August 13. These clims have been reported with a lag of one week and they reflect people, who already are receiving unemployment checks.


Thursday, 12 May 2016

Jobless claims in the US jumped

The number of Americans who have submitted requests for unemployment benefits in early May rose for the third consecutive week to 294,000, reaching a fourteen months peak and adding new evidence that the labor market in the US might weaken.
General jobless claims were at a rate of 274,000 in the previous week.
The average value of new orders in the last four weeks also rose by 10,250 to 268,250, said the Labor Department on Thursday. Data are seasonally adjusted.
Only a month earlier, initial claims for unemployment benefits have fallen to 43-year lows. But lowering corporate profits, exports decreased.
In April in the US were created only 160,000 new jobs, noting his youngest progress since last autumn. Other indicators of the labor market also suggest delaying hiring.