March 3, 2012 Jobless Claims Rise But No Change In Trend Anticipated: March jobless claims didn’t fall as much as economists expected but also failed to rise sharply. Initial jobless claims rose by 8,000 according to the Labor Department for the week ended March 3. The change in unemployment was marginal enough for equities to…
Unemployment benefits fall by 37,000 under 400,000: Is this a turning point? Companies may be less willing to fire workers than just a few weeks ago. The number of people applying for unemployment benefits fell last week from 426,000 to 391,000 a drop of 37,000 the Labor department said yesterday. The news is a positive…
Applications for Unemployment Benefits Reach 3 Month High: The rising trend in unemployment is confirmed. The bad news about the economy keeps coming in. Applications for unemployment benefits rose last week – even with a shortened Labor Day holiday. The number of Americans seeking unemployment benefits reached the highest level in three months with a…
Jobless Claims Drop 12,000 to 409,000 As Fed Considers Proportional Interest Rates: The unemployment problem continues. The Labor Department said today initial jobless claims fell by 12,000 to 409,000 for the week ended August 27. The economy is still suffering from a high rate of unemployment and the jobs market is not expanding at a…
Initial Jobless Claims Stay Rangebound Above 400,000: 3 Reasons Why Jobs Growth Hasn’t Happened Yet. Americans are still seeking unemployment benefits in large numbers and initial jobless claims last week moved down marginally. Last week, unemployment claims moved down a meager 1,000 claims to a seasonally adjusted 428,000 for the week ended June 25, which…
