Retail sales and producer inflation came in significantly higher than expected, while initial jobless claims were lower than the market consensus. … READ MORE >
continuing claims
U.S. economy was a lot stronger in first quarter, final GDP estimate shows
The third and final estimate of gross domestic product showed a drastic upward revision to a 2.0% gain from 1.3% on a quarterly and annualized basis. … READ MORE >
Initial jobless claims spike to highest since 2021
Total new filings for jobless benefits rose to 261,000 last week, the highest since October 2021, the Labor Department reported on Thursday. … READ MORE >
Initial jobless claims inch up, yet labor market remains tight
Initial jobless claims inched up by 2,000 last week to 232,000, slightly lower than expectations, according to the Labor Department on Thursday. … READ MORE >
Jobless claims and producer inflation show mixed results
Initial jobless claims rose by 9.1% last week to 264,000, the most since 2021 as producer prices rebounded in April, largely because of comparisons to the surging prices a year ago. … READ MORE >
Initial jobless claims post largest increase in six weeks
Initial jobless claims last week rose back up to 242,000 after a brief one-week drop, the Labor Department reported on Thursday. … READ MORE >
Initial jobless claims rise amid labor market slowdowns
New claims, which are a proxy for layoffs, increased by 2.1% to 245,000 for the week ending April 15—about 12.9% higher than a year ago. … READ MORE >
Jobless claims and producer prices point to a further slowdown
For the Federal Reserve, the new data bolstered the case that it will pause its rate increases after one final hike in this cycle on May 3. … READ MORE >
New jobless claims fall again amid strong labor market
New claims dropped by 2,000 to 190,000 for the week ending Feb. 24, lower than the pre-pandemic average at 218,000, according to Labor Department data released on Thursday. … READ MORE >
Jobless claims show an uptick in layoffs
New filings for jobless claims inched up by 1.8% last week to 230,000, remaining above the pre-pandemic level for the fifth week in a row. … READ MORE >