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Initial jobless claims rose to 313,000 last week. Expectations were for the report to show claims fall down to 288,000, from the previous week's 291,000. The four-week moving average of claims rose to 294,000, up from 287,500 last week. The insured unemployment number dropped by 17,000 — down to its lowest level since December 9, 2000.

Topics:  december    join   initial jobless claims   week   rose   
BING NEWS:
  • Initial jobless claims: Explained
    Initial jobless claims, a closely watched economic indicator, provide valuable insight into the labor market and corporate America's health. Yahoo Finance's Madison Mills offers a comprehensive review of this key data print,
    05/16/2024 - 4:53 am | View Link
  • Jobless Claims & Starts/Permits Down, Imports & WMT Up
    Initial Jobless Claims were good again. A headline total of 222K is a tick above estimates, but down 10K from the slight upward revision to 232K for the previous week. Many analysts were paying attention to this metric — last week’s figure was the first time new jobless claims breached 230K since August of last year.
    05/16/2024 - 3:41 am | View Link
  • US: Initial Jobless Claims increased above estimates last week
    EUR/USD extends its downward correction toward 1.0850 in the American session. The US Department of Labor reported that there were 222,000 first-time application for unemployment benefits last week, helping the USD hold its ground and causing the pair to stretch lower.
    05/16/2024 - 1:38 am | View Link
  • Dollar Softens and Gold Rallies as US Jobless Claims Climb
    US weekly initial unemployment claims rose +22,000 to an 8-1/2 month high of 231,000, showing a weaker labor market than expectations of 212,000. Hawkish comments Thursday from San Francisco Fed President Daly were supportive of the dollar when she said ...
    05/15/2024 - 10:38 pm | View Link
  • Markets update: Markets rise on cooler jobless claims
    Global stocks were up last week by 1.8% in both euro terms and local terms. Year-to-date global markets are up by 11.4% in euro terms and by 8.6% in local terms. The US market, the largest in the world, finished at 1.9% in euro terms and 1.8% in local terms.
    05/13/2024 - 10:03 pm | View Link
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BING SEARCH:
  • Weekly jobless claims jump to 231,000, the highest since August
    Jobless claims totaled a seasonally adjusted 231,000 for the week ending on May 4, up 22,000 from the previous period and higher than the Dow Jones estimate for 214,000, the Labor Department ...
    05/17/2024 - 11:50 am | View Website
  • News Release
    Initial claims for UI benefits filed by former Federal civilian employees totaled 327 in the week ending April 6, an increase of 5 from the prior week. There were 435 initial claims filed by newly discharged veterans, an increase of 66 from the preceding week.
    05/16/2024 - 5:28 pm | View Website
  • US labor market fairly tight, broader economy losing steam
    Initial claims for state unemployment benefits dropped 10,000 to a seasonally adjusted 222,000 for the week ended May 11, the Labor Department said. Economists polled by Reuters had forecast ...
    05/16/2024 - 1:39 pm | View Website
  • Jobless Claims and the Market: Why They Matter
    Initial jobless claims represent new claimants for unemployment benefits. Continuing jobless claims are people who are continuing to receive benefits. It is generally a poor sign for the...
    05/16/2024 - 5:11 am | View Website
  • News Release
    Initial claims for UI benefits filed by former Federal civilian employees totaled 343 in the week ending April 27, a decrease of 22 from the prior week. There were 351 initial claims filed by newly discharged veterans, a decrease of 9 from the preceding week.
    05/16/2024 - 3:59 am | View Website
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