Sentences with phrase «jobless claims»
"Jobless claims" refers to the number of people who have recently lost their jobs and are seeking unemployment benefits or financial support from the government. Full definition
On the data front, U.S. initial jobless claims fell by 4,000 last week to a seasonally adjusted 226,000, the Labor Department reported Thursday.
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U.S. weekly jobless claims fell by 6,000 to a seasonally adjusted 275,000, while U.S. import prices dropped to their lowest levels since January.
Unemployment is down, with initial jobless claims falling to the lowest level in four years.
On today's agenda, the Labor Department has revealed initial jobless claims rose by 7,000 to 230,000 in the week ended 10 February.
Harvey contributed to the biggest surge in U.S. jobless claims in nearly five years.
For example, the weekly jobless claims number is reported by the US Bureau of Labor Statistics.
Investors appeared to shrug off the resignation of White House advisor Gary Cohn and an increase in first - time U.S. jobless claims in the prior week.
It also was the 24th week of jobless claims fewer than 250,000 and the 164th straight week of claims below 300,000.
The market is expected to see the weekly initial jobless claims data and the trade balance in the US with focus on Friday's non-farm payroll report.
The four - week moving average of initial jobless claims continues to trend downward, pointing to a deceleration in the pace of layoffs.
In the morning, the U.S. Department of Labor released its weekly Initial Jobless Claims report.
Meanwhile, weekly jobless claims totaled 209,000 last week, below a forecast of 230,000.
Other data on Thursday showed the number of new jobless claims rose last week but remained near a 14 - year low, and the two readings suggested the U.S. labor market was moving toward full health.
On the data front, initial jobless claims increased to 211,000 in the prior week, but remain near the lowest level since 1973.
At 8:30 AM, better than expected reports on US Jobless Claims (211k vs. exp.
The four - week average of initial jobless claims hit the lowest level since 2000.
It's a tale of two economies, with jobless claims continuing to hold at very low levels, but import prices are down double digits, Jones said.
And, on Thursday, the Labor Department will release the number of weekly jobless claims for the past week.
The Labor Department said Thursday that first - time jobless claims dropped by 15,000 to 358,000 last week, although week - to - week changes can be volatile.
Ahead of us today, we get Challenger Job Cuts at 7:30, ahead of the ADP Employment Change at 8:15 and Weekly Jobless Claims at 8:30.
Weekly jobless claims dropped 42,000 to 338,000, according to today's report, a dip that beat economist predictions and also marked the biggest weekly drop in more than a year.
Leading up to Friday's data release, jobless claims came in at 240,000, just below the expected 242,000.
The Labor Department showed jobless claims had decreased by 5,000 to 348,000 last week.
For example, the Initial Jobless Claims spiked last week, an event which would normally lead mortgage rates sharply lower.
Back then, the market worried over issues such as the start and speed of Fed tapering, discussions of the timing of a rate increase, and an improving jobless claims number.
Hurricane Harvey made landfall in Texas at the end of August, triggering the biggest weekly spike in jobless claims since 2012.
This is a long term bullish sign for the stock market because jobless claims tend to rise before a bear market and recession begins.
This is a long term bullish sign for the stock market because jobless claims tend to rise before a bear market begins.
Initial jobless claims averaged 418,000 in the same four - week period last year.
Instead of speculating on the markets» reaction to reports like jobless claims and interest rates, trade the numbers themselves with a straightforward yes - or - no binary.
A 14 - year low on jobless claims reinforced expectations that slack in the labor market was being reduced.
A handful of economic reports are due to be released later in the week, including reports on job openings and weekly jobless claims as well as Friday's updated look at U.S. consumer confidence.
Jobless claims ticked up, albeit only barely, from 261k to 263k.
It's one reason jobless claims overstate the overall health of the economy compared to the past.
«Jobless claims still remain in a range that has historically been highly constructive for the jobs market,» said Jim Baird, chief investment officer at Plante Moran Financial Advisors in Kalamazoo, Michigan.
Meanwhile, though first quarter GDP figures released this week may not be particularly weak, my impression is that as we observe the next significant hit to economic figures (most likely jobless claims over the next several weekly reports) the argument that we've skirted a recession will quickly flip on its head.
On the data front, initial jobless claims modestly increased to 211,000 in the prior week, but remain near the lowest level since 1973.
Initial jobless claims added 2,000 to 211,000 in the prior week, below consensus estimates of 225,000.
March jobless claims rose 38,769, or 0.82 %, from February, while they increased 9.63 % over the same period a year earlier.
Jobless claims decreased by 9,000 to a seasonally adjusted 233,000 in the most recent week.
The numbers: One week after falling to the lowest level since 1969, initial U.S. jobless claims rebounded but only slightly.
U.S. stocks rose as investors digested jobless claims data which fell to a three month low ahead of Friday's monthly employment report.
Initial Jobless Claims +2 K a t 211K vs. 224K consensus, 209K prior (unrevised).
The report said initial jobless claims inched up to 211,000.
Despite the positive jobless claims report, the impression seems to be that the U.S. jobs market is soft.
The following day, bonds rallied as the July 11 number of initial jobless claims unexpectedly increased to a two - month high of 360,000.