Tag: unemployment


  • Initial Jobless claims report

    Initial jobless claims destroy expectations

    Initial jobless claims totaled 262,000 last week, easily destroying analysts expectations of 275,000. Jobless claims were also down from the prior week when they reached 269,000. Beating expectations is a good sign that the labor market is maintaining its strength, despite economic uncertainty on a global scale. This is the lowest weekly total since November. “Net, […]

  • US Jobs report

    US Unemployment falls to 4.9%

    The US economy added 151,000 jobs in January, as the unemployment rate fell to 4.9%. Analysts had predicted the US economy would add about 190,000 jobs but would hold steady at a 5% unemployment rate. Average hourly earnings rose more than expected, at 0.5%, while the labor-force participation rate rose to 62.7% from 62.6%. Deutsche […]

  • US jobless claims

    US jobless claims unexpectedly rose last week

    The number of Americans filing for unemployment benefits unexpectedly rose last week. Despite that climb, levels still remain within “healthy economic” levels according to analysts. Initial claims for state unemployment benefits increased 7,000 to a seasonally adjusted 284,000 for the week ended January 9, the Labor Department said. Regardless of those numbers it was still […]

  • Unemployment claims end of 2015 - last week

    Jobless claims rise sharply during holiday week

    Unemployment claims rose sharply last week, signaling a potential slowdown in the job market or a temporary slowdown caused by holiday factors. Initial claims for state unemployment benefits rose 20,000 to a seasonally adjusted 287,000 for the week ended December 26, the U.S. Labor Department said on Thursday. That marks the highest level of unemployment […]

  • Jobless Claims

    U.S. Jobless Claims Increase By 3,000 But Still Below Expectations

    The Department of Labor announced Thursday that initial jobless claims were up by about 3,000 from the previous week, but still low enough to represent a growing economy. The number of new applications for unemployment insurance stood at 267,000 for the week ending September 19. Adjusted for seasonal factors, the Labor Department said the insured […]

  • Employment Numbers Private Sector - June 2015

    The Private Sector Added 237,000 Jobs In June

    U.S. private employers added 237,000 jobs in June, the biggest gain since December. News of the increase has many analysts believing the Federal Reserve will follow through on its promise and raise interest rates later this year. In a survey by Reuters, economists had forecast the ADP National Employment Report would show a gain of […]

  • Obama Extends Unemployment Benefits

    President Obama signed a bill last night that extends unemployment benefits for one month, among other things. BusinessWeek has the details: The measure extends benefits for the jobless one month, including subsidies to help the unemployed buy health insurance, as well as postpones cuts in Medicare reimbursements in doctors. It also releases highway money, the […]

  • 80,000 U.S. Jobs Lost in June

    (Image credit: www.barrysternberg.com) Whoa! According to this Business Journal report: A new payroll report shows that nearly 80,000 private-sector jobs were lost across the country in June. The National Employment Report from Automatic Data Processing showed a loss of 76,000 jobs among goods-producing businesses, the 19th consecutive monthly decline. That number included 44,000 manufacturing positions. […]