Job Market Monitor
United States Department of Labor
US / Weekly Jobless Claims fall. Better check tomorrow what is going on
SEASONALLY ADJUSTED DATA In the week ending June 1, the advance figure for seasonally adjusted initial claims was 346,000, a decrease of 11,000 from the previous week’s revised figure of 357,000. The 4-week moving average was 352,500, an increase of 4,500 from the previous week’s revised average of 348,000. Chosen excerpts by Job Market Monitor … Continue reading
US / Jobless Claims rise but data could be distorted
SEASONALLY ADJUSTED DATA In the week ending May 25, the advance figure for seasonally adjusted initial claims was 354,000, an increase of 10,000 from the previous week’s revised figure of 344,000. The 4-week moving average was 347,250, an increase of 6,750 from the previous week’s revised average of 340,500. The advance seasonally adjusted insured unemployment … Continue reading
US / Jobless Claims at Lowest Level since January 2008
The number of Americans filing new claims for unemployment benefits dropped to its lowest level in nearly 5-1/2 years last week, signaling labor market resilience in the face of fiscal austerity. Initial claims for state unemployment benefits fell 4,000 to a seasonally adjusted 323,000, the lowest level since January 2008, the Labor Department said on … Continue reading
Florida / Unemployment Regime Violates Civil Rights Says DOL
Florida violated federal civil rights law with its new and unusual requirement that unemployment claimants file online and take math and reading tests before they can receive benefits, the U.S. Labor Department determined this month. The department’s Civil Rights Center’s initial determination lays out the problems some non-English speakers and people with disabilities have encountered … Continue reading
US / Jobless claims fall
The number of Americans filing new claims for unemployment benefits fell last week, offering reassurance that the bottom is not falling out of the labor market despite signs of slower growth. Initial claims for state unemployment benefits dropped 16,000 to a seasonally adjusted 339,000 the Labor Department said on Thursday. The prior week’s number was … Continue reading
US / Unemployment Benefits / Down Only Slightly
Job Market Monitor: Two out of three employment-related reports were positive and only 28,000 persons were saying they have a job in the latest monthly labor market report . Latest claims data reflect those weaknesses for three weeks in a row. There are down only slightly, reflecting a very moderate growth in hiring. The Report SEASONALLY ADJUSTED DATA In … Continue reading
US / Unemployment Benefits / An increase of 17,000 Claims after a Decline to a Nine-Week Low
SEASONALLY ADJUSTED DATA In the week ending December 15, the advance figure for seasonally adjusted initial claims was 361,000, an increase of 17,000 from the previous week’s revised figure of 344,000. The 4-week moving average was 367,750, a decrease of 13,750 from the previous week’s unrevised average of 381,500. The advance seasonally adjusted insured unemployment … Continue reading
US / Unemployment Benefits / Claims Decline to a Nine-Week Low
Applications for jobless benefits fell by 29,000 to 343,000 in the week ended Dec. 8, the fewest since reaching a four-year low in the period ended Oct. 6, Labor Department figures showed today. Economists forecast 369,000 claims, according to the Bloomberg survey median. The number of people on unemployment benefit rolls declined for a fourth … Continue reading
US / Minimm Wages / DOL sues Puerto Rico banana company
The U.S. Department of Labor has filed a lawsuit against a banana company in Puerto Rico accusing its owners of paying workers less than the minimum wage. The government accuses Bananera Fabre of paying workers $6.25 and $6.50 an hour instead of the required $7.25. The lawsuit states that the owners, Jose Fabre Laboy and … Continue reading
US – Unemployment Claims : Still An Uncertain Job Market Outlook with a a decrease of 9,000
SEASONALLY ADJUSTED DATA In the week ending October 27, the advance figure for seasonally adjusted initial claims was 363,000, a decrease of 9,000 from the previous week’s revised figure of 372,000. The 4-week moving average was 367,250, a decrease of 1,500 from the previous week’s revised average of 368,750. The advance seasonally adjusted insured unemployment … Continue reading
US – Unemployment Claims : An Uncertain Job Market Outlook
After last week announcement of an increase of 34,000, DOL says that Unemployment Inssurrance Claims dropped by 23,000. The real job market coudn’t be that volatile. But it shows how incertain is the job market outlook. -*- SEASONALLY ADJUSTED DATA In the week ending October 20, the advance figure for seasonally adjusted initial claims was 369,000, a … Continue reading
Unemployment Insurance Claims – The US job market really going the wrong way
Last reports were not good, no more than the Current Population Survey for August. This morning report isn’t better. Is the job market really going the wrong way. -*- SEASONALLY ADJUSTED DATA In the week ending September 8, the advance figure for seasonally adjusted initial claims was 382,000, an increase of 15,000 from the previous … Continue reading
Unemployment Insurance Claims – It’s hard to beleive that the job market really improving ?
Last report was not a good one with 372,000 (unrevisied). This morning report isn’t better. Is the job market really improving ? Hard to beleive. SEASONALLY ADJUSTED DATA ; In the week ending August 25, the advance figure for seasonally adjusted initial claims was 374,000, unchanged from the previous week’s revised figure of 374,000. The … Continue reading
Unemployment Insurance Claims – Up from bottom-near since April 2008 to 372,000
Three weeks ago, claim were down to 353,000, at bottom-near since April 2008 and we have asked ‘But is it only volatility’ ? The answer is yes. But it could mean more… Not a good sign anyway. SEASONALLY ADJUSTED DATA In the week ending August 18, the advance figure for seasonally adjusted initial claims was 372,000, an … Continue reading
Unemployment Insurance Claims – Up by only 2,000
SEASONALLY ADJUSTED DATA In the week ending August 11, the advance figure for seasonally adjusted initial claims was 366,000, an increase of 2,000 from the previous week’s revised figure of 364,000. The 4-week moving average was 363,750, a decrease of 5,500 from the previous week’s revised average of 369,250. The advance seasonally adjusted insured unemployment rate was 2.6 percent … Continue reading
