jobless claims
Jobless claims at lowest level since Spring 2008Posted by RJ and Makay on Dec 16, 2011 |
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The number of Americans who filed new claims for jobless benefits fell sharply last week to its lowest level since May 2008, the Labor Department said today. First-time applications for unemployment compensation declined by 19,000 to a seasonally adjusted 366,000, an indication that the fragile U.S. labor market continues to improve.
Weekly jobless claims stay above key figurePosted by RJ and Makay on Aug 04, 2011 |
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The number of people filing for unemployment benefits fell slightly last week, but remained at a level that indicates a continued sluggish employment picture. There were 400,000 filed claims for the week ending July 30, down 1,000 from an upwardly revised 401,000 the prior week, according to the Labor Department.
Jobless claims fall more than expected; other data mixedPosted by RJ and Makay on Feb 25, 2011 |
Promising news on the jobs front: Applications for unemployment benefits dropped by 22,000 last week to a seasonally adjusted 391,000 — the lowest level in two-and-a-half years. It was the third decline in jobless benefit applications in four weeks and it surpassed economists' expectations.
Furthermore, the four-week average for unemployment benefit applications is down to 402,000, the lowest since July 2008 and a sign the job market is slowly improving. A four-week average below 425,000 is often taken as a sign of modest job creation.
Oscar Wilde (Irish Poet, Novelist, Dramatist and Critic, 1854-1900)
