Items Tagged with 'U.S. Department of Labor'


Jobs increase in line with expectations

What the increase means for December rate hike
The jobs report came in just over ADP’s predictions, but still below the average monthly increase this year. With what one economist described as a “blah” jobs report, experts talk about what that will mean for a rate hike this year.
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Jobless claims reverse course

Increase by 12,000 filings
Jobless claims reversed course and posted a marginal increase for the week ended Nov. 8, recording an increase of 12,000 from the previous week’s unrevised level of 278,000.
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Jobless claims continue to drop

4-week moving average hits 14-year low
Initial jobless claims dipped to 278,000 filings, falling by 10,000 from the previous week’s revised level. This is the seventh decline in eight weeks for the average.
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Jobless claims hit 14-year low

Continue steady decline
Jobless claims for the week ended Oct. 11 printed at 264,000, a drop of 23,000 from the previous week’s revised level of 287,000. This is the lowest level for initial claims since April 15, 2000.
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Jobless claims drop to 8-year low

But it’s not all-positive news
Jobless claims plummeted by 19,000 filings to 284,000 for the week ended July 19, the lowest level for initial claims since Feb. 18, 2006. But it's what is hidden behind the numbers that is important to note.
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