Weekly Jobless Claims Rise Less Than Expected

WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits rose less than expected last week, but the data continues to be influenced by distortions from seasonal auto shutdowns.

Sections:  news   business   
RELATED ARTICLES
  • US home sales rebound slightly in February
    U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
  • Dollar rises above 100 yen for 1st time in 4 years
    The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
  • Obama to open middle-class jobs, opportunity tour
    Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
  • US home building is surging, but job growth isn't
    The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More
BING NEWS:
  • Treasury yields edge higher, bouncing after Fed comments and jobless claims rise
    Treasury yields were rising on Friday as investors weighed up comments from Fed officials and looked ahead to comments from more speakers.
    07/19/2024 - 2:51 am | View Link
  • More Americans apply for Jobless benefits as Layoffs are on the rise
    U.S. Labor Department data shows a rise in jobless claims, indicating that layoffs are stabilizing at a elevated but still manageable level.
    07/18/2024 - 7:49 pm | View Link
  • Jobless claims rise, Bud Light struggles: Asking for a Trend
    On today's episode of Asking for a Trend, Host Josh Lipton breaks down some of the biggest stories hitting the market, from Donald Trump choosing Ohio Senator JD Vance as his vice president to Bud ...
    07/18/2024 - 11:15 am | View Link
  • Unemployment Claims Rise More Than Expected, Boosting Hopes For Rate Cuts As Cracks In Labor Market Emerge
    Signs of a cooling U.S. labor market are becoming more evident, increasingly reinforcing investor beliefs that the time has come for the Federal Reserve to lower interest rates. New unemployment ...
    07/18/2024 - 6:15 am | View Link
  • US jobless claims rise to highest level in nearly a year
    US initial jobless claims rose 243,000 last week, higher than what was expected and climbing higher from 223,000 the prior week. This marks the highest level of weekly jobless claims since August 2023 ...
    07/18/2024 - 4:54 am | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News