Initial jobless claims fall 2K to 291,000 for week

– Gold prices remained near daily highs as the U.S. Labor Department showed that the initial weekly jobless claims declined to 214,000 in the week to Saturday. Market consensus called for initial claims to fall to 213,000 from the revised level of 216,000 reported in the previous week.

Initial jobless claims, a sign of the pace of layoffs, increased by 21,000 to 313,000 in the week ending November 22, the Labor Department said. The prior week’s level was upwardly revised to 292,000 from 291,000. The four-week moving average of claims rose by 6,250 to 294,000, compared with 334,750 a year ago.

Nearly two-thirds of Americans sense double-dip recession Almost 4.5 million american homeowners still owe more on their. with a mortgage (15.4 percent) have some equity in their home, but likely not. The 28/36 rule states that a household should spend a maximum of 28% of its gross monthly income on total housing expenses, and should spend no more than 36% on total debt service , including.Survey shows first-time homebuyers growing weary of short sales “As we start to see overall improvement in employment,” particularly for younger Americans, “we’ll start to see that first-time homebuyer activity. forecast of 72 economists in a Bloomberg survey.

WASHINGTON (MarketWatch) — The number of people filing for U.S. state unemployment benefits plunged by 35,000 to a seasonally adjusted 291,000 in the week ending Dec. 31, the lowest since.

U.S. jobless claims graph on a tablet screen. (Photo: AdobeStock) Initial jobless claims came in at 212,000 for the week ending May 11, a sharper than expected decline of 16,000 beating the.

Jobless claims for the week ending Sept. 27 printed at 287,000, a decrease of 8,000 from the previous week’s revised level. The previous week’s level was revised up by 2,000 from 293,000 to 295,000.

 · Investors are happy for the weekend. Between the ECB, Brexit, and next week’s FOMC, BOJ, and BOE meetings, the markets are mostly in a consolidative mode ahead of the weekend. The first look at Q2 US GDP is the last important data point of the week, though it is unlikely to impact next week.

Initial Claims Fall Slightly. Initial jobless claims fell 2k to 357k last week, though after a 4k upward revision to the prior week’s number the reported WoW decline is 6k. On a rolling basis, after the revisions the series fell by 4k to 362k. On a non-seasonally adjusted basis, claims fell 12k to 311k.

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 · Jobless Claims Fall To 2 Year Low But Economy Still ‘Treading Water’. last time the number of initial jobless claims also dipped below 400,000 — hitting that July 2008 low. But weather was also a factor, and the following week, jobless claims shot up again.

U.S. jobless claims fall; continuing claims lowest since 2000. Initial claims for state unemployment benefits slipped 2,000 to a seasonally adjusted 291,000 for the week ended Nov. 15, the.