Jobless Claims Fall 16,000 to 453,000

Initial jobless claims fell 16,000 to 453,000 in the week ending Sept. 25, a sharper fall than expected. The revised figure for the previous week was 469,000.

Analysts surveyed by Reuters forecast claims of 460,000.

Companies that laid off workers …

Leading Indicators Rose in August but Point to Tepid GDP Growth

August’s better-than-expected, 0.3% increase in the Leading Economic Index can be interpreted two ways, depending on whether you view the glass as-half-empty or half-full.

The pessimist would say it provides further evidence that the U.S. economy is …

Hopes Rise as Weekly Jobless Claims Fall

Initial jobless claims dipped more than expected to 450,000 last week, while continuing claims plunged 84,000 to 4.49 million, signaling another week of modest progress on the labor front.
Continue reading Hope…

Jobless Claims Fall to Two-Month Low

jobless claims

Initial jobless claims fell to a two-month low of 450,000, confounding analyst expectations.

Jobless claims dipped 3,000 in the week ending Sept. 11, the Department of Labor said. The revised figure for the previous week was 453,000.

Analysts polled by Reuters forecast claims rising to 460,000.

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“The labor market is slowly getting back on track,” Ryan Sweet, a senior economist at…

Continue reading Jobless Claims Fall to Two-Month Low

Jobless Claims Fall to Two-Month Low originally appeared on DailyFinance on Thu, 16 Sep 2010 08:37:00.

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