Job Market Monitor
Jobless claim
UK / Jobless claims drop by most since 1997, youth unemployment rate at 21%
U.K. jobless claims fell the most in 16 years last month as a wider measure of unemployment remained at 7.7 percent amid signs that the labor market is improving. Claims for unemployment benefit fell 41,700, the most since June 1997, the Office for National Statistics said in London today. The decline exceeded the 25,000 median … Continue reading
US / Jobless claims rose 1,000 – a good sign but…
However, employers have been more reticent about adding new workers to payrolls, and many economists doubt whether the claims data still provides a clear signal on the pace of hiring Continue reading
Jobless Claims in US / Past month average drops to lowest level since June 2007
The number of new applications for unemployment benefits fell by 5,000 to 305,000 in the week ended Sept. 21, the Labor Department said Thursday. Economists polled by MarketWatch had expected claims to jump to 327,000 on a seasonally adjusted basis. A government official said Labor has been told by California that the state eliminated a … Continue reading
US / Jobless claims rise, but backlogs might distort data
The number of Americans filing new claims for jobless benefits rose last week, but it was difficult to get a clear read on the labor market’s health because a Labor Department analyst said two states appeared to be working through a backlog of unprocessed claims Continue reading
US / As Gallup’s unemployment rate jumps, jobless claims drop
Gallup tracks daily the percentage of U.S. adults, ages 18 and older, who are unemployed. “Unemployed” respondents are those who are not employed, even for one hour a week, but are available and looking for work. Unemployment is calculated as a percent of the workforce. Monthly results reflect an average of the calendar month, based … Continue reading
US / Jobless claims drop to 5-1/2 year low
The number of Americans filing new claims for unemployment benefits fell unexpectedly last week, touching a 5-1/2 year low, suggesting a steadily improving labor market Continue reading
US Jobless Claims / Labor market continues to improve at a moderate pace
The number of Americans filing new claims for jobless benefits rose slightly last week in a sign the U.S. labor market continues to improve at a moderate pace. Initial claims for state unemployment benefits increased by 7,000 to a seasonally adjusted 343,000, the Labor Department said on Thursday. Readings for jobless claims can be volatile … 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 / A new labor market indicator: the threshold of initial jobless claims
The paper introduces a new labor market indicator, referred to as the threshold of initial jobless claims, that serves as a benchmark of comparison for the weekly reporting of initial jobless claims. The presented threshold is an improvement over a commonly used rule of thumb in relating initial claims to the upcoming employment report 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 jump at the fastest pace in six months
The number of Americans filing new claims for unemployment benefits climbed last week at the fastest pace in six months, a worrisome sign for the economy which has been hit by government austerity. Initial claims for state unemployment benefits jumped by 32,000 to a seasonally adjusted 360,000, the Labor Department said on Thursday. That was … 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
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