Initial jobless claims above 300K for third week

The big spike in weekly jobless claims has reduced itself down from a peak of 474,000 three weeks ago to 409,000 last week. We are still significantly above the trend from earlier in the year that had initial jobless claims in the 380K range, however: In the week ending May 14, the advance figure for seasonally adjusted initial claims was.

Graph and download economic data from 1967-01-28 to 2019-07-27 about moving average, initial claims, 1-month, average, and USA.

The Department of Labor’s weekly jobless claims continued to surprise this week as seasonally adjusted initial jobless claims fell to 202K from a revised 212K last week. This comes in complete contrast of what briefly appeared to be a bottoming out of claims earlier this year, as that increase has now been more than erased.

After rising above 300,000 briefly in late November, initial jobless claims have been coming back down near their recovery lows. Initial claims fell for the 3rd straight week, down 6,000 to.

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Unemployment is at the lowest rate in almost 20 years. The numbers: Initial. claims. What happened: The small decline in new claims reflected the third lowest reading during the current.

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the graph above of Initial Jobless Claims as a Percent of the Labor Force (1975-2009) has been updated to reflect the june labor force of 154,926,000 and the June average for initial unemployment.

Initial Jobless Claims is a report issued by the U.S. Department of Labor on a weekly basis. The employment situation is extremely important for a macroeconomic analysis, so the financial markets track employment indicators, although this is a low impact indicator compared with the monthly BLS’s "Employment Report".

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Initial jobless claims fell to just 234k for the week of February 4, nearly matching the 233k multi. The difference in the charts above is what is attributed as "labor’s share"; the first being.

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