Weekly new claims for unemployment dips–a bit
New claims for unemployment in regular state programs fell to 787,000 last week. Economists surveyed by Bloomberg had been expecting 875,000 for the week ended October 17. The total showed a drop of 55,000 from the revised figure of 842,000 for the prior week. The...
At 898,000 this week’s initial claims for unemployment worse than expected
The number of new unemployment claims in regular state-run programs rose last week to a seasonally adjusted 898,000. That’s up 50,000 for the prior week and the biggest increase in first-time unemployment claims since August. The economy has clearly stalled with...
Initial claims for unemployment increase or fall or something–but whatever it is, the economy is stalling
The number of initial claims for unemployment for the week ended October 3 was 840,000, the Department of Labor reported this morning. That was above the 820,000 projected by economists surveyed by Bloomberg. And up, er, I mean down, from the 849,000 new claims...
Heads up! Tomorrow we get another (probably discouraging) report on new claims for unemployment
Initial claims for unemployment for the week ended October 3 will total 820,000 in tomorrow’s report from the Department of Labor, according to economists surveyed by Bloomberg. That would be a drop from initial claims of 837,000 in the prior week. The...
Newest initial claims for unemployment numbers seem to show slowing rate of improvement in economy
There’d nothing very clear about the trend in today’s report on new claims for unemployment in the week ended on September 12. (The period is important because it coincides with the survey period for the monthly jobs report for September.) The number of...
Stocks try another rotation again today–I’m not sure this one will stick with employment claims and August jobs report still due this week
At the close today, the Standard & Poor’s 500 was up another 1.54%. Putting this question at the top of many investors’ and traders’ minds: Is there any way to participate in this blow out rally without real adding an unacceptable amount of...
Initial claims for unemployment climb this week: economists had forecast a continued drop in new filings
New claims for unemployment at regular state-run programs rose by 135,000 in the week ended August 15 to 1.1 million. Initial claims for unemployment were 970,000 in the prior week. Economists had expected that initial claims would drop to 920,000 this week. Wall...
Initial claims for unemployment drops below 1 million for last week
The number of workers applying for unemployment benefits from state unemployment programs fell below 1 million for the week ended August 8. At 963,000 the number was below the 1.18 million new claims for the week of August 1. Economists had expected initial claims of...
Initial claims for unemployment total ticks up, ends downward streak
Too much news today. But let me start. Today the Labor Department reported that new claims for unemployment through regular state programs rose to 1.42 million in the week ended July 18. That was a 109,000 increase from the prior week and the first increase in the...
In context today’s new claims for unemployment number is bad news
These days you can’t read an economic report, especially a jobs report, without a calendar. Today’s report on initial claims for unemployment — a weekly number for the week ended July 4–showed that new claims for unemployment continued their...
New claims for unemployment rise by 1.54 million for week ended June 6
Initial claims for state unemployment benefits continued to trend lower with 1.54 million workers applying in the week ended June 6. That’s down from 1.9 million initial claims in the prior week. (Economists surveyed by Bloomberg had projected 1.55 million...
Anticipating more rally for the end of this week: slower growth in new claims for unemployment (Thursday) and in job cuts (Friday) likely to be seen as signs of a bottom for economy
Tomorrow it’s Thursday and time for another weekly report on initial claims for unemployment. In absolute terms the numbers are likely to be grim. Economists project that tomorrow’s report will show another 1.8 million workers have filed new claims for...
Weekly new claims for unemployment near 3 million again, above projections from economists
Initial jobless claims totaled 2.98 million for the week ended May 9, the Labor Department reported today. That’s down from last week’s 3.18 million claims and marks a sixth straight week of declines. But the figure was higher than the 2.5 million claims...
Another week, another 3.17 million new claims for unemployment, but stocks move higher
Initial claims for unemployment totaled 3.17 million for the week ended May 2, the Labor Department reported today. Economists surveyed by Bloomberg had projected 3 million new claims for the week. This week’s total was down from the 3.85 million initial claims...
Another 4.4 million new claims for unemployment reported today
More than 4.4 million Americans filed for unemployment benefits for the week ended April 18, according to the Labor Department today. From March 15 to April 18 26.5 million people have filed initial claims for unemployment. Economists estimate that the national...
Just a reminder: weekly report on new claims for unemployment tomorrow
The projections from economists are that the total initial claims for unemployment will fall to 4.5 million for the week ended on April 18. That would still be a horrendous number. The total weekly figure at the beginning of this spike was 280,000. Last week, 5.25...
Sellers batten down the hatches today ahead of tomorrow’s report on new claims for unemployment
Not much mystery to today’s selling. Investors and traders were trimming positions–or more–ahead of tomorrow’s report on initial claims for unemployment. Last week brought a record 3.28 million new claims for unemployment as the coronavirus and...Jim’s Daily Email Alerts:
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