There are multiple reasons why the jobless claims data fall. The best reason however, is confidence in the economy, which leads to economic growth, which leads to fewer jobless claims being filed. The number of unemployed workers applying for jobless benefits tumbled in the most recent weekly data to the lowest level in more than… Continue reading Good News – Jobless Claims at 8 Year Lows
Tag: jobless claims
Report – 175,000 Jobs Added in February
After two months of reporting weak job growth, the Bureau of Labor Statistics said Friday that, seasonally adjusted, 162,000 new private jobs were created in February. Government at all levels hired 13,000. The official unemployment rate—which BLS calls U3 and calculates in a separate survey—rose to 6.7 percent. The bureau revised its previously reported results… Continue reading Report – 175,000 Jobs Added in February
First Unemployment Falls, Now Jobless Claims Falls – More Economic Progress
Last time we checked, the unemployment rate fell to 7.7%, the lowest jobless rate since December of 2008. And now, first time jobless claims are also falling. First-time jobless claims fell by 10,000 to 332,000 in the week ended March 9, the fewest since mid January, according to data today from the Labor Department in… Continue reading First Unemployment Falls, Now Jobless Claims Falls – More Economic Progress
First Time Unemployment Claims Fall To Five Year Low
Don’t look! This is something Republicans don’t want you to know. As far as they’re concerned, things are worse now under Obama than they were under Bush. But as usual, the facts say something completely different. First-time claims for unemployment benefits plummeted by 37,000 in just one week, falling to 335,000 from 372,000 the previous… Continue reading First Time Unemployment Claims Fall To Five Year Low