September 20, 2012 |
More Americans than forecast filed applications for unemployment benefits last week, adding to concern the labor market is slackening. Jobless claims decreased by 3,000 in the week ended Sept. 15 to 382,000, Labor Department figures showed Thursday. The median forecast of economists surveyed by Bloomberg projected 375,000. The four-week moving average, a less volatile measure than the weekly figures, climbed to 377,750 last week from 375,750. The report showed the number of people continuing to receive jobless benefits dropped by 332,000 in the week ended Sept.
August 2, 2012 |
WASHINGTON -- New claims for jobless benefits rose moderately last week but remained at levels well below recent highs, suggesting no big change in layoffs ahead of the important jobs report for July to be issued Friday. The Labor Department said Thursday that 365,000 workers filed first-time claims for unemployment benefits in the week ending July 28. That was an increase of 8,000 from the prior week. Analysts were expecting a bigger weekly increase in filings. Looking at the data over a longer period, to smooth out some of the week-to-week volatility, initial jobless claims averaged 365,500 over the last four weeks ending Saturday.
July 26, 2012 |
WASHINGTON -- A pair of better-than-expected economic reports in the U.S. added to the breath of relief on Wall Street after Europe's top central banker pledged to do whatever is necessary to preserve the euro. The Labor Department said Thursday that initial jobless claims fell sharply last week, and the Commerce Department reported that new orders for longer-lasting manufactured goods rose at a healthy rate in June. Neither report was as good as it appeared on the surface, but investors seemed to look past that as they took comfort from the news out of Europe.
December 13, 2012 |
WASHINGTON -- Initial claims for unemployment benefits posted their fourth straight big decline last week to their lowest level since early October as the impact of Superstorm Sandy on the jobs market continued to dissipate. There were 343,000 new jobless claims in the week that ended Saturday, down 29,000 from the previous week's revised level, the Labor Department reported Thursday. The drop was larger than economists had forecast. The less-volatile four-week average also dropped, to 381,500 from the previous week's reading of 408,500.
April 26, 2012 |
The number of Americans filing for jobless claims barely moved last week, leaving more unemployed workers applying for benefits than analysts had expected. With 338,000 workers filing first-time claims during the week ended Saturday, according to the Labor Department , hopes for heady improvement in the labor market continue to shrink. Though that's 1,000 fewer applications than during the earlier week, initial unemployment benefits are still hovering around a three-month high last reached in January.
December 6, 2012 |
WASHINGTON -- New jobless claims last week fell much more sharply than expected, a reassuring sign that the damaging effects from Hurricane Sandy to the labor market have largely passed. The Labor Department said Thursday that 370,000 people filed initial claims for unemployment insurance in the week ended Saturday, down from a revised 395,000 in the prior week. The latest claims number was just about the weekly average for the 10 weeks prior to the storms. The Labor Department on Friday will issue its jobs report for November, and that is expected to reflect the disruption to commerce and temporary loss of work after the so-called superstorm knocked out power and caused severe damage in the Northeast, particularly New York and New Jersey.