Job Market Monitor
Jobless claims
Weekly Jobless Claims in US (ending April 6) – The lowest level for initial claims since October 4, 1969
In the week ending April 6, the advance figure for seasonally adjusted initial claims was 196,000, a decrease of 8,000 from the previous week’s revised level. This is the lowest level for initial claims since October 4, 1969 when it was 193,000. The previous week’s level was revised up by 2,000 from 202,000 to 204,000. … Continue reading
Jobless Claims in US – At 10-month high
The number of Americans filing applications for jobless benefits increased more than expected last week and the number of people on unemployment rolls increased to a 10-month high, suggesting some slowing in the labor market. Chosen excerpts by Job Market Monitor. Read the whole story at U.S. jobless claims rise; continuing claims at 10-month high | Reuters
Jobless Claims in US (week ended April 9) – The lowest since 1973
The number of Americans filing for unemployment benefits unexpectedly fell last week, revisiting a level last seen in 1973 as the labor market continues to strengthen despite a sluggish economy. Initial claims for state unemployment benefits decreased 13,000 to a seasonally adjusted 253,000 for the week ended April 9, the Labor Department said on Thursday. … Continue reading
Jobless Claims in US – Near 42-year low
The number of Americans filing for unemployment benefits fell more than expected last week, nearing a 42-year low as labor market conditions continued to tighten in a boost to the economy.Initial claims for state unemployment benefits dropped 5,000 to a seasonally adjusted 267,000 for the week ended Dec.19, not far from levels last seen in … Continue reading
US Jobless Claims – A decline after four straight weekly increases
The number of Americans seeking first-time unemployment benefits fell last week, suggesting the labor market remains healthy. Initial jobless claims, a proxy for layoffs across the U.S., decreased by 6,000 to a seasonally adjusted 271,000 in the week ended Aug. 22 the Labor Department said Thursday. The decline comes after four straight weekly increases. Economists … Continue reading
Jobless Claims in US – Lowest since 1973
The number of Americans filing new applications for unemployment benefits last week fell to its lowest level in more than 41-1/2 years, suggesting job growth remained solid despite slowing in June. Initial claims for state unemployment benefits declined 26,000 to a seasonally adjusted 255,000 for the week ended July 18, the lowest level since November … Continue reading
Jobless Claims in US – The lowest level in history when adjusted for the size of the labor force
Bottom Line: Jobless claims, when adjusted to account for the size of the US labor force, have now fallen to the lowest level in history. Conditions in today’s labor market are actually slightly better than the unadjusted claims would suggest, especially when compared to previous economic recoveries. It’s amazing that so much attention is paid … Continue reading
Jobless Claims in US – Increase to 316,000 in the week ending January 10
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS ( seasonally adjusted) In the week ending January 10, the advance figure for seasonally adjusted initial claims was 316,000, an increase of 19,000 from the previous week’s revised level. The previous week’s level was revised up by 3,000 from 294,000 to 297,000. The 4-week moving average was 298,000, an increase of 6,750 … Continue reading
US – Good signs for Job Report : Jobless Claims Drop and Private sector employment increased by 241,000 jobs says ADP
Fewer Americans filed for unemployment benefits last week as labor-market tightening compelled employers to hold on to seasonal hires. Jobless claims decreased by 4,000 to 294,000 in the week ended Jan. 3, the Labor Department said today in Washington. The median forecast of 45 economists surveyed by Bloomberg called for a decline to 290,000. Chosen … Continue reading
Canada – Fewer Employment Insurance claims in October
Nationally, there were fewer Employment Insurance claims in October compared with September, down 1.7% to 220,200. The number of claims provides an indication of the number of people who could become beneficiaries. Provincially, claims fell notably in Alberta (-6.3%), Saskatchewan (-5.7%), British Columbia (-3.7%) and Manitoba (-3.3%). There were also fewer claims in Newfoundland and Labrador (-1.6%), … Continue reading
Jobless Claims in US – At seven-week low
Initial claims for U.S. unemployment-insurance benefits fell to the lowest tally in seven weeks, signaling a slower pace of layoffs, according to government data released Wednesday. The number of people who applied for U.S. unemployment-insurance benefits fell by 9,000 to 280,000 in the week that ended Dec. 20, , the U.S. Labor Department reported. That … Continue reading
Jobless Claims in US – Jump to 313,000, the highest level since the first week of September
The number of people seeking U.S. unemployment benefits jumped last week, pushing total applications above 300,000 for the first time in nearly three months. Weekly applications rose 21,000 to a seasonally adjusted 313,000, the Labor Department said Wednesday. That’s the highest level since the first week of September. The four-week average, a less volatile measure, … Continue reading
Jobless Claims in US – 10th Straight week below 300,000
The number of people who applied for new unemployment benefits totaled fewer than 300,000 for the 10th straight week, reflecting the low level of layoffs in the U.S. as the economy continues to strengthen. Initial jobless claims fell by 2,000 to a seasonally adjusted 291,000 in the week ended Nov. 15, the Labor Department said … Continue reading
Jobless Claims in US – The four-week average at a 14-1/2 year low
The number of Americans filing new claims for unemployment benefits fell more than expected last week and compensation accelerated in the third quarter, in the latest signs of tightening labor market conditions. Thursday’s upbeat data underscored the resilience of the economy and some analysts said the pick-up in wage growth moved the Federal Reserve closer … Continue reading
Jobless Claims in US – Lowest level for 4-week moving averag average since May 6, 2000
In the week ending October 18, the advance figure for seasonally adjusted initial claims was 283,000, an increase of 17,000 from the previous week’s revised level. The previous week’s level was revised up by 2,000 from 264,000 to 266,000. The 4-week moving average was 281,000, a decrease of 3,000 from the previous week’s revised average. … Continue reading
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