Jobless claims

This tag is associated with 66 posts

Jobless Claims in US (week ended Aug. 23) – Dropped again

The number of new applications for jobless benefits dropped again last week and remained near postrecession lows, the latest sign of improvement for the labor market. Initial claims for unemployment benefits fell by 1,000 to a seasonally adjusted 298,000 in the week ended Aug. 23, the Labor Department said Thursday. That was just below forecasts … Continue reading

US – Jobless claims rise, but remain near eight-year lows

New applications for unemployment benefits rose last week but remained near eight-year lows. Initial claims for unemployment benefits increased by 21,000 to a seasonally adjusted 311,000 in the week ended Aug. 9, the Labor Department said Thursday. That was more than the 295,000 new claims forecast by economists surveyed by The Wall Street Journal and … Continue reading

Jobless Claims in US – Lowest Since 2006 says the White House

The economy is getting stronger thanks to the grit and resilience of American workers. Last month, total job growth exceeded 200,000 for the sixth straight month, the first time that’s happened since 1997. In fact, our private sector has added 9.9 million jobs for the last 53 straight months, the longest streak on record. As … Continue reading

Jobless Claims in US – Rise by 23,000 to 302,000

The number of U.S. workers claiming unemployment aid rose last week after sinking to a 14-year low earlier in the month. Initial claims for unemployment benefits increased by 23,000 to a seasonally adjusted 302,000 in the week ended July 26, the Labor Department said Thursday. The figures were slightly better than expected. Economists surveyed by … Continue reading

Jobless Claims in US – 284,000, the lowest in more than eight years

In the week ending July 19, the advance figure for seasonally adjusted initial claims was 284,000, a decrease of 19,000 from the previous week’s revised level. This is the lowest level for initial claims since February 18, 2006 when they were 283,000. The previous week’s level was revised up by 1,000 from 302,000 to 303,000. … Continue reading

Unemployment Insurance Weekly Claims in US – At 302,000, it is a very good sign

SEASONALLY ADJUSTED DATA In the week ending July 12, the advance figure for seasonally adjusted initial claims was 302,000, a decrease of 3,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 304,000 to 305,000. The 4-week moving average was 309,000, a decrease of 3,000 from the previous … Continue reading

Jobless Claims in US – 312,000, a decrease of 6,000

SEASONALLY ADJUSTED DATA In the week ending June 14, the advance figure for seasonally adjusted initial claims was 312,000, a decrease of 6,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 317,000 to 318,000. The 4-week moving average was 311,750, a decrease of 3,750 from the previous … Continue reading

Jobless Claims in US – An increase but remain near a seven-year low

The number of Americans filing new claims for unemployment aid inched up last week but remained near a seven-year low, a sign of strength for the job market. Initial claims for unemployment benefits, a reading that helps gauge the number of newly laid-off workers, rose by 8,000 to a seasonally adjusted 312,000 in the week … Continue reading

Unemployment Claims in US – The four-week moving average for new claims lowest since 2007

The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to a strengthening labor market. Initial claims for state unemployment benefits declined 27,000 to a seasonally adjusted 300,000 for the week ended May 24, the Labor Department said on Thursday. The prior weeks claims were revised to show … Continue reading

Jobless Claims in US – At lowest level since 2007

The number of Americans who applied for unemployment benefits fell sharply for the second straight week, touching the lowest level since May 2007, but at least part of the drop probably stemmed from lingering seasonal affects tied to a late Easter holiday.  Initial jobless claims declined by 24,000 to a seasonally adjusted 297,000 in the … Continue reading

Jobless Claims in US – A decrease of 26,000

SEASONALLY ADJUSTED DATA (from the official Press Release)  In the week ending May 3, the advance figure for seasonally adjusted initial claims was 319,000, a decrease of 26,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 344,000 to 345,000. The 4-week moving average was 324,750, an increase … Continue reading

Jobless Claims in US – Jump by 14,000 to 344,000

Claims have been climbing since early April when they reached a seven-year low of 301,000, but they remain well below their peak levels that were well over 600,000 a week in 2009. (Jobless claims climb to 9-week high). From the Offical Press Release SEASONALLY ADJUSTED DATA In the week ending April 26, the advance figure … Continue reading

Jobless Claims in US – The 4-week average is close to normal levels for an expansion

From the official press release: In the week ending April 19, the advance figure for seasonally adjusted initial claims was 329,000, an increase of 24,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 304,000 to 305,000. The 4-week moving average was 316,750, an increase of 4,750 from … Continue reading

US – Using Twitter to forecast jobless claims

A surprising number of people filed initial claims for unemployment benefits last week, at least if you believe an index based off Twitter. Economists at the University of Michigan have developed a technique that scans billions of tweets, looks for people tweeting about losing their jobs and then creates a prediction for the Labor Department’s … Continue reading

Jobless claims in US – Falls to 4-Month Low

Applications for jobless benefits decreased by 10,000 for the week ending March 22, bringing the total to 311,000, down from last week’s revised figure of 321,000, the Labor Department announced Thursday.  This latest figure marks an official four-month low for unemployment aid. The four-week moving average, a “less volatile” figure, fell by 9,500 to 317,750, down from last … Continue reading

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