First-time jobless claims increased by 51,000 to 419,000 for the week ending July 3, according to government data released Thursday. … READ MORE >
initial jobless claims
Why the housing market is not in a bubble
Not only are inventories below their historical averages, but buyers are also more credit-worthy – two significant differences from the housing bubble of the years before the Great Recession. … READ MORE >
CHART OF THE DAY: Improving labor market signals increased consumer confidence and spending
The steady drop in unemployment claims this year coincides with a steady increase in consumer confidence, as seen in the Langer Research Consumer Comfort Index. … READ MORE >
Initial jobless claims imply that ending benefits does not improve employment numbers
First-time claims inched higher by 2,000, to 373,000, for the week ending July 3 from an upwardly revised 371,000 for the week ending June 26, according to the Labor Department. … READ MORE >
Initial jobless claims resume their downward trend, falling to 364,000
Initial jobless claims declined to 364,000 for the week ending June 26, resuming their downward trend following a few weeks of flat to down readings. … READ MORE >
Data deluge: Jobless claims ease to 411,000 as durable goods orders rise 1.1%
First-time jobless claims eased to 411,000 for the week ending June 19, a slight decline from the revised figure of 418,000 for the previous week, according to government data released on Thursday. … READ MORE >
CHART OF THE DAY: Initial jobless claims continue downward trend
Initial jobless claims continued to decelerate for the sixth straight week as the labor market slowly normalizes, according to government data released Thursday. … READ MORE >
Initial jobless claims fall to pandemic low of 385,000
As the American economy moves toward its full capacity to produce, the labor market continues to improve. First-time jobless claims fell to a fresh pandemic low of 385,000 for the week ending May 29, according to government data released on Thursday. … READ MORE >
Initial jobless claims set a new pandemic low
First-time jobless claims for the week ending May 22 declined to 406,000, a new pandemic-era low, putting them on track to breach the 400,000 level in the coming weeks and return to levels not seen since before the pandemic. … READ MORE >
CHART OF THE DAY: First-time jobless claims continue to decline
First-time jobless claims continued their downward march for the week ending May 15, falling to 444,000, as new filings for federal Pandemic Unemployment Assistance declined to 95,086. … READ MORE >