New U.S. claims for unemployment benefits unexpectedly climbed to a nine-month high last week, yet another setback to the frail economic recovery. Initial claims for state unemployment benefits increased 12,000 to a seasonally adjusted 500,000 in the week ended August 14, the highest since mid-November, the Labor Department said on Thursday.
The jobless-recovery theme re-emerged on Friday with the arrival of a disappointing employment report. The daunting number was the unemployment rate, which jumped from 9.4 percent in July to 9.7.
The number of Americans filing applications for new unemployment benefits rose sharply last week, although claims filed by federal employees.
WASHINGTON (MarketWatch) — The number of people submitting first-time claims for unemployment benefits fell 14,000 to a seasonally adjusted 460,000 in the week ended May 22, a level that still.
Jobless Claims Jump, But Economists Say Recovery’s Still On Track : Planet Money The number of people filing new claims for unemployment rose last week, the today. But despite the surprising rise.
The pace of recovery in job losses clearly has flattened, based on this chart that portrays the relative momentum in total unemployment insurance claims-regular plus emergency and extended programs. This is natural after a long period of extremely easy comparisons. A more significant question is whether this trend will begin looking worse, once fiscal 2012 budgetary pressures start showing.
Jobless claims jump points to slowing recovery. Lucia Mutikani. While the surprise jump in initial claims for unemployment benefits was blamed on factors ranging from spring break layoffs to.
Jobless numbers jump in the US Published time: 1 Dec, 2011 18:24 After a month of what looked to be a positive trend popping up for the American economy, jobless claims have once again surged above the 400,000 mark last week, halting hopes of a recovery from the recession.
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Fewer Americans than forecast filed applications for unemployment benefits last week, making it more likely that the surge in April was caused by temporary events rather than a deterioration in the.
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Initial Jobless Claims Jump Again, Reflecting Nation’s Bumpy Recovery. Share. Joseph Lazzaro, AOL.com.. but the jump in initial jobless claims is a disappointment, nonetheless..
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