Tag Archives: Jobless claims

Christmas Disaster: Jobless Claims Surge, Erase Prior Weeks’ Declines

The number of Americans filing new claims for unemployment benefits rose sharply last week, reversing the prior three weeks declines, but a recent strengthening of the labor market likely remains intact. Initial claims for state unemployment benefits surged 68,000 to … Continue reading

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Jobless claims jump in warning sign for labor market

The number of Americans filing new claims for unemployment benefits climbed last week at the fastest pace in six months, a worrisome sign for the economy which has been hit by government austerity. Initial claims for state unemployment benefits jumped by 32,000 … Continue reading

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Data Massaging Continues: Initial Claims Tumble To 339K Lowest Since 2008, Far Below Lowest Expectation

This is just getting stupid. After expectations of a rebound in initial claims from 367K last week (naturally revised higher to 369K), to 370K (with the lowest of all sellside expectations at 355K), the past week mysteriously, yet so very … Continue reading

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Bloomberg or Zerohedge – Sorting Through the Propaganda

Jobless Claims In U.S. Plunge On Fewer Auto Shutdowns – Bloomberg Fewer Americans than forecast filed first-time claims for unemployment insurance payments last week, reflecting the volatility of applications during the annual auto-plant retooling period. Applications for jobless benefits decreased by 26,000 … Continue reading

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