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Tag Archives: Labor Department

First-Time Jobless Claims Drop to 10-Week Low

Unemployment

One week after spiking to a two-month high, first-time claims for unemployment insurance dropped 24,000 to 334,000 for the week ending July 13--the lowest level in 10 weeks, the Labor Department reported Thursday. Economists expected the number of claims to drop to 344,000 from the 360,000 originally reported for the week ending July 6. The number of filings for that week was revised down to 358,000.

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Initial Jobless Claims Up to Two-Month High

First time claims for unemployment insurance jumped a surprising 16,000 to 360,000, for week ended July 6, the highest level since mid-May, the Labor Department Thursday. Economists expected the number of claims to drop to 337,000 from the 343,000 originally reported for the week ended June 29.

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Job Openings Edge Up in May, Hiring Strong

The number of job openings edged up in May, increasing for the for the first time since February as hirings continued to improve, on a pace to exceed 2012, the Bureau of Labor Statistics reported Tuesday in its monthly Job Openings and Labor Turnover Survey.

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Payrolls Up 195K, Unemployment Rate Flat in June

Adding new pressures for the Federal Reserve, the nation's economy added 195,000 jobs in June, leaving the unemployment rate unchanged at 7.6.percent, the Bureau of Labor Statistics (BLS) reported Friday. Economists had forecast payrolls would grow by 165,000, and that the unemployment rate would dip to 7.5 percent.

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First-Time Jobless Claims Continue Downward Trend

First-time claims for unemployment insurance fell for the fourth time in the last five weeks, dropping 5,000 to 343,000 for week ending June 29, the Labor Department reported Wednesday. The four-week moving average of first-time claims dropped 750 to 345,500. The four-week moving average of continuing claims declined 9,500 to 2,969,250 for the period ending June 22.

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First-Time and Continuing Jobless Claims Drop

Unemployment

First-time claims for unemployment insurance dropped 9,000 to 346,000 for week ending June 22, the Labor Department reported Thursday. Economists expected 345,000 claims. Claims filings for the week ended June 15 were revised up to 355,000 from the originally reported 354,000.

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First-Time Jobless Filings Continue Down

Unemployment

First-time claims for unemployment insurance fell to 334,000 for week ending June 8, dropping 12,000 after decreasing 11,000 one week earlier, the Labor Department reported Thursday. Economists expected initial claims to increase to 350,000 from the prior week. Claims filings for the week ending June 1 remained at the originally reported 346,000.

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Job Openings Dip in April, Hiring on Fastest Pace Since 2008

The number of job openings fell in April for the fourth time in the last five months as the number of people leaving their jobs jumped to the highest level since August, the Bureau of Labor Statistics (BLS) reported Tuesday in its month Job Openings and Labor Turnover Survey (JOLTS). According to the JOLTS report, the number of persons unemployed for each job opening rose to 3.10, the first increase in that measure since February. The number of unemployed per job opening fell sharply in the construction industry to 7.7.

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