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· New Jobless Claims Drop to lowest level in year. The jobless rate hit a 26-year high of 10.2 percent in October and many economists believe the recovery. The fierce urgency of now was months.
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Jobless claims average up 4,750, initial claims hit highest level in almost three months Founded in 1989, Staffing Industry Analysts is the global advisor on staffing and workforce solutions.
· The unemployment rate fell to its lowest level in half a century last month, capping the longest streak of job creation in modern times and dispelling recession fears that haunted Wall Street at.
The less volatile four-week moving average hit its lowest point since November 3, 1973, falling 3,750 to 244,250. New claims for jobless benefits can be used to gauge the prevalence of layoffs in the US economy and the overall health of labor markets.
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Initial claims for state unemployment benefits declined 18,000 to a seasonally adjusted 259,000 for the week ended March 5, the lowest reading since mid-October, the Labor Department said on Thursday.
This is the lowest level for initial claims since April 13th. It is the. US Jobless Claims Lowest in Near 3 Months. Jobless claims hit the highest level since the week ended May 4 2019.. US Non-Manufacturing Growth Slows to 2-Year Low.
The four-week average, a less-volatile measure, increased to 221,250, the highest in more than a month. nationally,
WASHINGTON (MarketWatch) – Weekly jobless claims rose to the highest level in two months. rose 9,000 to 2.49 million in the week that ended Aug. 30. The four-week average for continuing claims fell.
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· Filings for U.S. unemployment benefits fell last week to the lowest level in five months as the number of firings remained consistent with a solid labor market. Jobless claims dropped by.
Low. month, weekly new claims have averaged 214,500, the second-lowest since late 1969. economists reckon that any number of new claims under 300,000 means that the unemployment rate is going to.
· Extends string of 200k+ new jobs for 12 consecutive months, the best jobs growth performance since 1994-1995. Unemployment falls to 5.5%, a post-recession low.]
The number of Americans filling for unemployment benefits increased to 227 thousand in the week ended june 21 2019, from the previous week’s revised level of 217 thousand and compared with market expectations of 220 thousand. Jobless claims hit the highest level since the week ended May 4 2019.