Fewer Americans filed applications for unemployment benefits last week, a sign employers are holding the line on firings even as cold weather slowed industries from manufacturing to housing.
Jobless claims declined by 3,000 to 336,000 in the week ended Feb. 15, a Labor Department report showed today in Washington. The median forecast of 53 economists surveyed by Bloomberg called for a decrease to 335,000. No states were estimated and there was nothing unusual in the data, a Labor Department spokesman said as the figures were released.
A slowdown in dismissals could lay the groundwork for a pickup in hiring, and more jobs could translate to a boost in consumer spending. An improving job market would support a turnaround in an economy held back by harsh winter weather that has slowed retail sales, employment and factory production.
“Firing is still at very low levels,” Sean Incremona, a senior economist at 4cast Inc. in New York, said before the report. “As we continue to see economic growth gain momentum later this year, job gains will also have momentum.”
Chosen excerpts by Job Market Monitor. Read the whole story at Jobless Claims in U.S. Decreased Last Week as Firings Abated – Bloomberg.
Job Market Monitor 
Good day very nice site!! Man .. Excellent
.. Amazing .. I’ll bookmark your blog and take the feeds additionally?
I’m satisfied to search out a lot of useful information right here in the submit, we need work out more techniques on this regard, thanks for sharing.
. . . . .
Posted by pinterest sites | September 6, 2014, 1:11 pm