In the week ending December 3, the advance figure for seasonally adjusted initial claims was 258,000, a decrease of 10,000 from the previous week’s unrevised level of 268,000. The 4-week moving average was 252,500, an increase of 1,000 from the previous week’s unrevised average of 251,500.…
]]>
In the week ending December 3, the advance figure for seasonally adjusted initial claims was 258,000, a decrease of 10,000 from the previous week’s unrevised level of 268,000. The 4-week moving average was 252,500, an increase of 1,000 from the previous week’s unrevised average of 251,500.…
]]>
Last week the number of Americans who filed for unemployment benefits dropped to a 2 month low, hinting at the labor market’s growing strength that could cause the Federal Reserve to raise their interest rates by December. The uptick shown by the US initial jobless claims data came just a day after the US central bank decided against an interest rate raise but showed strong signs that it could increase borrowing costs before the end of the year, as they cited the progressive growth in the labor market and a strong rally in economic growth.…
]]>
Last week the number of Americans who filed for unemployment benefits dropped to a 2 month low, hinting at the labor market’s growing strength that could cause the Federal Reserve to raise their interest rates by December. The uptick shown by the US initial jobless claims data came just a day after the US central bank decided against an interest rate raise but showed strong signs that it could increase borrowing costs before the end of the year, as they cited the progressive growth in the labor market and a strong rally in economic growth.…
]]>
Recent reports from the labor department have revealed a drop number of Americans filing for unemployment benefits last week as the Labor Department released a report showing weaker than expected job growth in the month of August. The report said non-farm payroll employment climbed by 151,000 jobs in August after surging up by an upwardly revised 275,000 jobs in July.…
]]>
Recent reports from the labor department have revealed a drop number of Americans filing for unemployment benefits last week as the Labor Department released a report showing weaker than expected job growth in the month of August. The report said non-farm payroll employment climbed by 151,000 jobs in August after surging up by an upwardly revised 275,000 jobs in July.…
]]>
- A jobless claim streak of this magnitude has not existed since 1973
- Harsh Times for the Philly Feds Index
Manufacturing activities as shown in the Philadelphia Feds Index shrank further this July, displaying a looming hardship in the sector.
Another declining quantity happens to be the Philadelphia Federal Reserve Index of Business conditions which fell to a value of -2.9 this month from a much higher 4.7 in June.…
]]>
- A jobless claim streak of this magnitude has not existed since 1973
- Harsh Times for the Philly Feds Index
Manufacturing activities as shown in the Philadelphia Feds Index shrank further this July, displaying a looming hardship in the sector.
Another declining quantity happens to be the Philadelphia Federal Reserve Index of Business conditions which fell to a value of -2.9 this month from a much higher 4.7 in June.…
]]>