Job Market Monitor
DOL
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
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 – Lowest level since May 12, 2007
In the week ending April 5, the advance figure for seasonally adjusted initial claims was 300,000, a decrease of 32,000 from the previous week’s revised level. The last time intial claims were this low was May 12, 2007 when they were 297,000. The previous week’s level was revised up by 6,000 from 326,000 to 332,000. … 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
Jobless Claims in US / 14,000 to 348,000 in the week ended Feb. 22, one-month high
More Americans than forecast filed applications for unemployment benefits last week, a sign the labor market is improving in fits and starts. Jobless claims increased by 14,000 to 348,000 in the week ended Feb. 22, exceeding all forecasts in a Bloomberg survey and the highest level in a month, from 334,000 in the prior period, … Continue reading
Jobless Claims In US / They surge to 368,000
The number of Americans filing new claims for unemployment benefits rose sharply last week, reversing the prior three weeks declines, but a recent strengthening of the labor market likely remains intact. Initial claims for state unemployment benefits surged 68,000 to a seasonally adjusted 368,000, the Labor Department said on Thursday. That was the largest weekly … Continue reading
US / Jobless Claims Fall to 298,000 in Latest Week
The number of people filing for new unemployment benefits fell for the third straight week, a sign of an improving labor market. Initial claims for jobless benefits, a measure of layoffs, decreased by 23,000 to a seasonally adjusted 298,000 in the week ended Nov. 30, the Labor Department said Thursday. Economists surveyed by Dow Jones … Continue reading
US / Jobless claims fall, but datat for the prior week were revised upward
Initial claims for state unemployment benefits fell 2,000 to a seasonally adjusted 339,000, the Labor Department said on Thursday. Claims for the prior week were revised to show 5,000 more applications received than previously reported Continue reading
US / Jobless Claims drop but bigger gains in payrolls are needed
Fewer Americans filed applications for unemployment benefits last week as a backlog in California’s reporting cleared. Jobless claims decreased by 10,000 to 340,000 in the week ended Oct. 26 from 350,000 the prior period, the Labor Department reported today in Washington. The median forecast of 49 economists surveyed by Bloomberg called for a decrease to … Continue reading
US / Jobless claims stay elevated
Initial claims for state unemployment benefits fell 12,000 to a seasonally adjusted 350,000, the Labor Department said. “Underlying labor market conditions probably are not as bad as the recent claims data suggest,” said Daniel Silver, an economist at JPMorgan in New York. Technical problems as California converted to a new computer system have distorted the … Continue reading
US / Jobless claims moderate downward trend continues
In the week ending June 29, the advance figure for seasonally adjusted initial claims was 343,000, a decrease of 5,000 from the previous week’s revised figure of 348,000. Continue reading
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 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
Tennessee / Mass layoff rapid response team axed
Tennessee labor officials are shutting down a federally funded rapid response team that had been used to provide quick assistance to employees caught in the midst of mass layoffs across the state. The elimination of the unit, which had been in operation for about a decade, comes despite the strong protest of some members of … 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
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