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 26, 2013 |
The number of people filing for initial unemployment benefits dropped by 42,000, the largest drop in over a year, the Labor Department reported Thursday. In the week ending Dec. 21, the number of seasonally adjusted jobless claims was 338,000, down from a revised figure of 380,000 the previous week. The four-week average, a more reliable measure that irons out weekly volatility, increased by 4,250 to 348,000 the Labor Department said. Economists said the November and December claims figures often show high volatility around the Thanksgiving, Christmas and New Year's holidays. In the past months, the number of jobless claims has been steadily falling as the labor market gradually improves.
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.
June 7, 2012 |
WASHINGTON -- New claims for unemployment benefits fell last week, the Labor Department said Thursday in an encouraging sign for the struggling job market. Initial jobless claims -- an indicator of layoff trends -- had risen for three straight weeks last month, reaching a high of 389,000 in the week ended May 26. And sure enough, the jobs report for the month of May turned out to be every bit as gloomy, with the economy having created just 69,000 jobs and the unemployment rate rising to 8.2%.