New initial jobless claims improved much more than expected last week to reach the lowest level in more than five decades, further pointing to the tightness of the present labor market as many employers seek to retain workers. The Labor Department released its weekly jobless claims report on Thursday. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial unemployment claims, week ended Dec. 4: 184,000 vs. 220,000 expected and an upwardly… Source link
Read More »Another 222,000 individuals filed initial unemployment claims last week
Weekly jobless claims rose after setting a more than five-decade low last week. Still, however, new claims came in near pre-pandemic levels, highlighting ongoing improvements in the labor market. The Labor Department released its weekly jobless claims report on Thursday. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial unemployment claims, week ended November 27: 222,000 vs. 240,000 expected and a revised 194,000 during prior… Source link
Read More »Weekly jobless claims total 199,000, reaching the lowest since1969
New jobless claims fell far more than expected to the lowest level since November 1969 last week, underscoring the present tight labor market conditions as initial unemployment claims near 2019 levels while job openings hold near record highs. The Labor Department released its jobless claims report on Wednesday, a day earlier than usual due to the Thanksgiving holiday. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial unemployment… Source link
Read More »Another 268,000 individuals filed new unemployment claims last week
New weekly jobless claims came in slightly higher than expected but still eked out a new pandemic-era low, with the weekly rate of those rendered newly out-of-work coming closer to pre-virus levels. The Labor Department released its jobless claims report Thursday. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial unemployment claims, week ended November 13: 268,000 vs. 260,000 expected and an upwardly revised 269,000 during prior… Source link
Read More »Another 269,000 individuals filed new claims last week, reaching fresh pandemic-era low
New weekly jobless claims came in at yet another pandemic-era low, with more progress being made in the labor market as new virus infections fall and companies compete for workers. The Labor Department released its jobless claims report Thursday morning. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial unemployment claims, week ended October 30: 269,000 vs. 275,000 expected and a revised 283,000 during prior week Continuing claims, week… Source link
Read More »Jobless claims hit new pandemic-era low at 281,000 filings
Weekly jobless claims fell in the latest week, setting a marginal new pandemic-era low as the labor market slowly recovers to levels before COVID-19 walloped the global economy. The Labor Department released its jobless claims report on Thursday morning at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial unemployment claims, week ended October 23: 281,000 vs. 288,000 expected and a revised 291,000 during the prior… Source link
Read More »Stock futures open higher ahead of GDP, jobless claims
Stock futures opened slightly higher Wednesday evening after a mixed day in the markets, with the major equity indexes pulling back from record levels. Traders looked ahead to more earnings and economic reports on Thursday. Contracts on the S&P 500 ticked up. The blue-chip index dropped on Wednesday after posting two consecutive days of record closing highs. The Dow also declined, while the Nasdaq ended slightly higher. Investors on Thursday are set to receive more earnings data, as well… Source link
Read More »Google Claims Its New Phone Camera Shows Darker Skin Better
The WSJ asked visitors to San Francisco’s Fisherman Wharf for permission to photograph them, then asked which they liked best. We took their photos outside on a partly cloudy day, with the normal wide-angle lens on three phones—Google’s Pixel 6, Samsung’s Galaxy S21 and Apple’s iPhone 13 Mini. Justin Sullivan/Getty, Cover: Google/AFP/Getty Source link
Read More »Weekly jobless claims fall to fresh pandemic-era low of 290,000
New weekly jobless claims held below 300,000 for a back-to-back week as labor market conditions trudged back toward pre-pandemic levels. The Labor Department released its jobless claims report Thursday morning. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial unemployment claims, week ended October 16: 290,000 vs. 297,000 expected and a revised 296,000 during prior week Continuing claims, week ended October 9: 2.481… Source link
Read More »Another 320,000 individuals likely filed new claims last week
U.S. states posted a much larger-than-expected drop in initial unemployment claims last week, bringing the number of those newly unemployed back toward their pre-virus pace. The Labor Department released its jobless claims report Thursday morning. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial unemployment claims, week ended October 9: 293,000 vs. 320,000 expected and a revised 329,000 during prior week Continuing claims, week ended… Source link
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