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Unemployment insurance weekly claims
In the week ending September 18, the advance figure for seasonally adjusted initial claims was 351,000, an increase of 16,000 from the previous week's revised level. The previous week's level was revised up by 3,000 from 332,000 to 335,000. The 4-week moving average was 335,750, a decrease of 750 from the previous week's revised average. The previous week's average was revised up by 750 from 335,750 to 336,500. The advance seasonally adjusted insured unemployment rate was 2.1 percent for the week ending September 11, an increase of 0.1 percentage point from the previous week's revised rate. The previous week's rate ... (full story)
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U.S. weekly jobless claims total 351,000 topping 320,000 estimate
First-time filings for unemployment benefits jumped last week, hitting the highest level in a month, the Labor Department reported Thursday. Initial claims for the week ended Sept. 18 totaled 351,000, an increase from the previous week’s upwardly revised 335,000 and well ahead of the 320,000 Dow Jones estimate. The total was the highest since the week of Aug. 21. Markets reacted little to the news, with stock market futures pointing to a strong opening and government bond yields slightly higher on the session. The latest claims figures indicate that while the jobs market has come a long way since the early days of ... (full story)
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