Initial jobless claims rise by 12K to 293K

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After last week’s tumble to 280k, initial jobless claims rose modestly this week to 293k (slightly better than expected) but remain near a dovish-Yellen-crushing 14-year low. continuing claims also remain at cycle lows around 2.4 million (rising modestly – by 7k – this week). The labor department cites no unusual or estimated claims this week.

US Nonfarm Payrolls Preparation for August 2018 The Employment Situation for August 2018 is scheduled to be released on September 7, 2018, at 8:30 A.M. eastern time. jobless claims remained near a 50-year low in the month, pointing to a very low rate of layoffs. Still, hiring may have been limited by the shrinking [.]

Prior to revision, initial jobless claims rose 12k to 267k from 255k WoW, as the prior week’s number was not revised. Meanwhile, the 4-week rolling average of seasonally-adjusted claims fell -3.75k WoW to 274.75k.

Continuing claims in lagging data for the September 15 week rose 16,000 to 1.661 million but with the 4-week average down 13,000 to 1.679 million and a new 46-year low. The unemployment rate for insured workers is unchanged at a very low 1.2 percent.

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Initial jobless claims rise by 12K to 293K U.S. initial jobless claims fell 12k to 215k in the week ended march 24 after rising. Employment numbers, which are only available until January show a rise in the total of 762K over the year. UK.

U.S. initial jobless claims rise unexpectedly. December 01, 2011 05:10 PM IST. Wall Street ends higher; Dow closes above 12K with 4% gain. The US markets rallied sharply, with the Dow posting.

The unemployment rate fell again, from a revised 8.7% to 8.5%. Some other good data: Manufacturing payrolls jumped 23K vs. an expected rise of 6K. Public sector layoffs only subtracted 12K vs 20K..

The New Zealand Dollar has also been bolstered by news of record immigration, with more people coming. such as a 3.0% increase in Durable Goods Orders and a drop of 12k in the number of Initial.

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Although claims rose by 12K this week, the four-week moving average only rose by 250 to 206.25K, so that’s still right near the multi-decade low that was reached last week.

but Markit’s preliminary US Manufacturing PMI dropped more than expected in July and a touch away from contraction. October 12, 2011 in Mortgages Editor’s note: This is a transcript of the audio file.