Initial jobless claims above 300K for third week

Initial jobless claims, a proxy for layoffs across the U.S., fell last week to the lowest level since 1969. The data come against the backdrop of this week's strong earnings. 300,000 400,000 500,000 RECESSION Four-week moving average. 12, the third week of the shutdown, more than 25,000 federal.

U.S. jobless claims rise for third straight week.. The number of Americans filing new claims for jobless benefits rose last week for. Initial claims for state unemployment benefits increased.

After last week’s initial jobless claims drop – which nevertheless held the 4-wk average above 300k – this week saw the number drop once more. Against expectations of 290k, claims printed 282k, leaving the 4-week average at 297k, conveniently below the 300k mark. This means that since the end of QE3, initial jobless claims are unchanged as the trend of improvement has clearly stalled.

 · That actually made last week’s number slightly higher than the one preceding it (459,000) and eliminated the third decline that the press hailed last week as some sort of accomplishment. This graph of Q2 initial jobless claims shows that the declines were oversold anyway: The green line represents the seasonally-adjusted initial claims number.

Initial jobless claims rose again in the past week, this time by 21K to 275K. This is the highest number of initial jobless claims in months. The four-week moving average, which had been in a.

WASHINGTON — Initial claims. four-week average was 374,000, down 4,500 from the previous week. The national unemployment rate was 8.1% in August as the economy has struggled to create new jobs. It.

The Department of Labor’s weekly jobless claims continued to surprise this week as seasonally adjusted initial jobless claims fell to 202K from a revised 212K l. the 213 th week below 300K.

The Department of Labor’s weekly jobless claims continues to surprise this week as seasonally adjusted initial jobless claims fell to 202K from a revised 212K last week. This comes in complete contrast of what briefly appeared to be a bottoming out of claims earlier this year, as that increase has now been more than erased.

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 · New jobless claims drop for third straight week. posted May 6th, 2010 . By CHRISTOPHER S. RUGABER.. The Labor Department said Thursday that initial claims for unemployment insurance fell by 7,000 to a seasonally adjusted 444,000. That’s above economists’ forecasts of 440,000, according to Thomson Reuters..

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