The slowly improving tone to the U.S. job market continued with last week’s numbers for new unemployment claims. The less volatile four-week moving average also dropped again, to 422,750. That’s its lowest level since August 20…
The latest jobless claims show how volatile the weekly data can be. The previous week’s seasonally adjusted increase of 28,000 was followed by the latest week’s drop of 17,000 to 421,000, much better than expected. Continuing c…
Initial jobless claims rose 26,000 to 436,000 in the latest week, but Labor Department officials caution that the report contains a seasonal adjustment associated with the Thanksgiving Day holiday. The more-telling four week av…
Initial jobless claims dropped by 34,000 to 407,000, much lower than expected. The numbers suggest that the labor market is slowly improving, and nearing the point of reversing the negative trend driven by the deep recession.
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The latest weekly initial claims report showed a small increase, some 2,000 higher to 439,000. The more-telling four-week moving average dropped by 4,000 to 443,000, and continuing claims fell another 48,000 to 4.3 million.
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