US Jobless Claims Fall To 9-Week Low 

US Jobless Claims Fall To 9-Week Low
CURRENCY INVESTORS 

US Jobless Claims  The number of Americans filing for unemployment benefits decreased by 15 thousand to 233 thousand

US Jobless Claims  The number of Americans filing for unemployment benefits decreased by 15 thousand to 233 thousand in the week ended July 15th from the previous week’s revised level of 248 thousand, way below market expectations of 245 thousand. Meanwhile, the 4-week moving average, which removes week-to-week volatility, went down by 2.25 thousand to 243.75 thousand.



US Jobless Claims

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The 4-week moving average was 243,750, a decrease of 2,250 from the previous week’s revised average. The previous week’s average was revised up by 250 from 245,750 to 246,000.
The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending July 8, unchanged from the previous week’s unrevised rate.
The advance number for seasonally adjusted insured unemployment during the week ending July 8 was 1,977,000, an increase of 28,000 from the previous week’s revised level. The previous week’s level was revised up 4,000 from 1,945,000 to 1,949,000. The 4-week moving average was 1,959,000, an increase of 8,750 from the previous week’s revised average. The previous week’s average was revised up by 1,000 from 1,949,250 to 1,950,250.

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US Jobless Claims Above Expectations

US Jobless Claims Above Expectations

BUZ INVETORS US Jobless Claims   The number of Americans filing for unemployment benefits increased by 2 thousand to 244 thousand in the week ended June 24th from the previous week’s revised level of 242 thousand and above market expectations of 240 thousand.

Claims have now been below 300,000 for 121 straight weeks, the longest such stretch since 1970.

The 4-week moving average was 242,250, a decrease of 2,750 from the previous week’s revised average. The previous week’s average was revised up by 250 from 244,750 to 245,000.




US Jobless Claims

 

The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending June 17, unchanged from the previous week’s unrevised rate.

The continuing claims drawn by workers for more than a week (the advance number for seasonally adjusted insured unemployment) during the week ending June 17 was 1,948,000, an increase of 6,000 from the previous week’s revised level. The previous week’s level was revised down by 2,000 from 1,944,000 to 1,942,000. The 4-week moving average was 1,938,750, an increase of 7,250 from the previous week’s revised average. The previous week’s average was revised down by 500 from 1,932,000 to 1,931,500.Like up on FACEBOOK


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US Jobless Claims Fall to 237K 

US Jobless Claims Fall to 237K

BUZ INVESTORS  US Jobless Claims Fall The number of Americans filing for unemployment benefits decreased by 8 thousand to 237 thousand in the week ended June 10th 2017, compared to market expectations of 242 thousand. The four-week moving average, considered a better measure of labor market trends as it removes out week-to-week volatility, rose 1,000 to 243,000 in last week.

 

Jobless claims have now been below 300,000, a threshold associated with a healthy labor market, for 119 straight weeks, the longest such stretch since 1970.  The labor market is near full employment, with the jobless rate at a 16-year low of 4.3 percent.




US Jobless Claims Fall

The number of people still receiving benefits after an initial week of aid increased by 6,000 to 1.94 million in the week ended June 3rd. The continuing claims have now been below 2 million for nine straight weeks. The last time they were consistently under 2 million was in 1973.

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US weekly jobless claims total 237,000 vs 242,000 estimate

United States Initial Jobless Claims  | Data | Chart | Calendar

BUZ INVESTORS  US weekly jobless claims  The number of Americans filing for unemployment benefits decreased by 8 thousand to 237 thousand in the week ended June 10th 2017, compared to market expectations of 242 thousand. The four-week moving average of claims, considered a better measure of labor market trends as it irons out week-to-week volatility, rose 1,000 to 243,000 last week Initial Jobless Claims in the United States averaged 357.26 Thousand from 1967 until 2017, reaching an all time high of 695 Thousand in October of 1982 and a record low of 162 Thousand in November of 1968.




US weekly jobless claims

US Jobless Claims Fall to 237K

The number of Americans filing for unemployment benefits decreased by 8 thousand to 237 thousand in the week ended June 10th 2017, compared to market expectations of 242 thousand. The four-week moving average, considered a better measure of labor market trends as it removes out week-to-week volatility, rose 1,000 to 243,000 in last week.

Jobless claims have now been below 300,000, a threshold associated with a healthy labor market, for 119 straight weeks, the longest such stretch since 1970.  The labor market is near full employment, with the jobless rate at a 16-year low of 4.3 percent.

The number of people still receiving benefits after an initial week of aid increased by 6,000 to 1.94 million in the week ended June 3rd. The continuing claims have now been below 2 million for nine straight weeks. The last time they were consistently under 2 million was in 1973.

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Initial jobless claims hit 234K vs estimate of 238K

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United States Initial Jobless Claims  | Data | Chart | Calendar

BUZ INVESTORS  Initial jobless claims  The number of Americans filing for unemployment benefits increased by 1 thousand to 234 thousand in latest week, lower than market expectations of 238 thousand. It is 116th straight week that claims were below 300,000, a level associated with a healthy jobs market. In addition, the 4-week moving average which removes weekly volatility fell to 235.25 thousand, the lowest in 44 years. Initial Jobless Claims in the United States averaged 357.39 Thousand from 1967 until 2017, reaching an all time high of 695 Thousand in October of 1982 and a record low of 162 Thousand in November of 1968.



 Initial jobless claims

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2017 247.00 239.75 254.50 241.40 234.33
2016 280.40 267.50 268.00 264.60 274.75 266.75 260.00 261.00 255.00 253.80 249.75 253.20
2015 288.00 301.25 286.25 286.50 274.00 275.00 276.75 273.80 272.25 265.40 270.00 271.75
2014 327.00 335.75 323.20 323.50 313.80 314.25 301.50 301.20 297.50 287.25 292.60 284.50
* The table above displays the monthly average.
Calendar GMT Reference Actual Previous Consensus Forecast <span data-recalc-dims=(i)" data-toggle="popover" data-placement="top" data-content="Trading Economics forecasts are driven by our analysts expectations and projected using an autoregressive integrated moving average model. " data-original-title="About our Forecasts" />
2017-05-11 12:30 PM May/06 236K 238K 245K 240K
2017-05-18 12:30 PM May/13 232K 236K 240K 239K
2017-05-25 12:30 PM May/20 234K 233K 238K 236K
2017-06-01 12:30 PM May/27 234K 235K
2017-06-08 12:30 PM Jun/03 235K
2017-06-15 12:30 PM Jun/10 235K

The number of Americans filing for unemployment benefits increased by 1 thousand to 234 thousand in latest week, lower than market expectations of 238 thousand. It is 116th straight week that claims were below 300,000, a level associated with a healthy jobs market. In addition, the 4-week moving average which removes weekly volatility fell to 235.25 thousand, the lowest in 44 years.

The previous week’s level was revised up by 1,000 from 232,000 to 233,000.

The 4-week moving average was 235,250, a decrease of 5,750 from the previous week’s revised average. This is the lowest level for this average since April 14, 1973 when it was 232,750. The previous week’s average was revised up by 250 from 240,750 to 241,000.

The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending May 13, unchanged from the previous week’s unrevised rate.Continuing claims during the week ending May 13 were 1,923,000, an increase of 24,000 from the previous week’s revised level. The previous week’s level was revised up 1,000 from 1,898,000 to 1,899,000. The 4-week moving average was 1,930,250, a decrease of 16,000 from the previous week’s revised average. This is the lowest level for this average since January 19, 1974 when it was 1,920,750. The previous week’s average was revised up by 250 from 1,946,000 to 1,946,250.

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Jobless claims hit 232,000 vs. 240,000 estimate

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United States Initial Claims | Data | Chart | Calendar

BUZ INVESTORS  Jobless claims hit 232,000  The number of Americans filing for unemployment benefits decreased by 4 thousand to 232 thousand in the week ended May 13th, 2017 from the previous week’s unrevised level of 236 thousand and below market expectations of 240 thousand. Claims fell for the third week, hitting the lowest since February and close to values seen in July of 1973 only. Meanwhile, continuing claims fell by 22 thousand to 1898 thousand, the lowest since November of 1988. Initial Jobless Claims in the United States averaged 357.43 Thousand from 1967 until 2017, reaching an all time high of 695 Thousand in October of 1982 and a record low of 162 Thousand in November of 1968.



 Jobless claims hit 232,000

The number of Americans filing for unemployment benefits decreased by 4K to 232K in latest week, the lowest level since February. It was the third straight week of falls bringing the claims close to values only seen in 1973. Meanwhile, continuing claims fell by 22K to 1898K, the lowest since November 1988.

The 4-week moving average was 2407,50, a decrease of 2,750 from the previous week’s unrevised average of 243,500.
The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending May 6, unchanged from the previous week’s unrevised rate.
Continuing claims went down to 1,898,000 in the week ended May 6th. The previous week’s level was revised up 2,000 from 1,918,000 to 1,920,000. The 4-week moving average was 1946,000, a decrease of 20,000 from the previous week’s revised average. This is the lowest level for this average since January 19, 1974 when it was 1,920,750. The previous week’s average was revised up by 500 from 1,965,500 to 1,966,000.

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US weekly jobless claims total 236,000 vs 245,000 estimate

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United States Initial Claims  | Data | Chart | Calendar

BUZ INVESTORS US weekly jobless claims The number of Americans filing for unemployment benefits decreased by 2 thousand to 236 thousand in the week ended May 6th, 2017 from the previous week’s unrevised level of 238 thousand, below market expectations of 245 thousand. It is the lowest figure in four weeks. Meanwhile, the number of continuing claims fell by 61 thousand to 1918 thousand, the lowest figure since November 5th, 1988 when it was 1898 thousand.

The 4-week moving average for initial claims was 243,500, an increase of 500 from the previous week’s unrevised average of 243,000.




US weekly jobless claims

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The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending April 29, unchanged from the previous week’s unrevised rate.For continuing claims, the previous week’s level was revised up 15,000 to 1,979,000. The 4-week moving average was 1,965,500, a decrease of 27,500 from the previous week’s revised average. This is the lowest level for this average since February 2, 1974 when it was 1,964,250. The previous week’s average was revised up by 3,750 from 1,989,250 to 1,993,000.

 

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US weekly jobless claims total 238,000 vs 247,000 estimate

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US weekly jobless claims total 238,000 vs 247,000 estimate

 BUZ INVESTORS  weekly jobless claims New applications for U.S. jobless benefits fell more than expected last week and the number of Americans on unemployment rolls hit a 17-year low,

BUZ INVESTORS  weekly jobless claims New applications for U.S. jobless benefits fell more than expected last week and the number of Americans on unemployment rolls hit a 17-year low, pointing to a tightening labor market that could encourage the Federal Reserve to raise interest rates next month.

Initial claims for state unemployment benefits dropped 19,000 to a seasonally adjusted 238,000 for the week ended April 29, the Labor Department said on Thursday. The decline unwound most of the prior two weeks’ increases in applications.

Economists say claims were distorted in recent weeks by the Easter holidays and spring breaks, which occur at different dates every year, making it difficult to strip the seasonal fluctuations from the data.




weekly jobless claims

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United States Initial Jobless Claims | Data | Chart | Calendar

The number of Americans filing for unemployment benefits decreased by 19 thousand to 238 thousand in the week ended April 29th, 2017 from the previous week’s unrevised level of 257 thousand and below market expectations of 247 thousand. It is the lowest figure in three weeks. Meanwhile, the 4-week moving average, which removes week-to-week volatility, increased by 750 to 243 thousand. The continuing claims drawn by workers for more than a week decreased by 23 thousand from a 17-year low to 1.964 million. Initial Jobless Claims in the United States averaged 357.57 Thousand from 1967 until 2017, reaching an all time high of 695 Thousand in October of 1982 and a record low of 162 Thousand in November of 1968.

Claims have now been below 300,000, a threshold associated with a healthy labor market, for 113 straight weeks. That is the longest such stretch since 1970, when the labor market was smaller. The labor market is close to full employment, with the unemployment rate at a near 10-year low of 4.5 percent.

US Services Sector Growth Beats Expectations In April: ISM

The ISM Non-Manufacturing PMI index for the United States went up to 57.5 in April of 2017 from 55.2 in March, beating market expectations of 55.8. Business activity increased and new orders reached the highest since August of 2005 as non-manufacturers were mostly positive about business conditions and the overall economy.
Rises were seen in business activity (+2.3 to 62.4), new orders (+4.3 to 63.2), supplier deliveries (+1.5 to 53), inventories (+4 to 52.5), backlog of orders (+0.5 to 53.5) and new export orders (+3 to 65.5). In contrast, employment edged down (-0.2 to 51.4) and price pressures increased (+4.1 to 57.6).

US Factory Activity Growth Eases To 4-Month Low

The Institute for Supply Management’s Manufacturing PMI in the US fell to 54.8 in April 2017 from 57.2 in March and below market expectations of 56.5. It was the lowest reading since December 2016, as new orders and employment expanded at a slower pace.

The April PMI registered 54.8 percent, a decrease of 2.4 percentage points from the March reading of 57.2 percent.

The New Orders Index registered 57.5 percent, a decrease of 7 percentage points from the March reading of 64.5 percent.

 

The Employment Index registered 52 percent, a decrease of 6.9 percentage points from the March reading of 58.9 percent.

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US weekly jobless claims total 257,000 vs 242,000 estimate

US Jobless Claims Rise More Than Expected


source: tradingeconomics.com
BUZ INVESTORS  US weekly jobless claims  The number of Americans filing for unemployment benefits increased by 14 thousand to 257 thousand in the week ended April 22nd 2017 from the previous week’s revised level of 243 thousand and above market expectations of 245 thousand.

Claims have now been below 300,000 for 112 straight weeks, the longest such stretch since 1970.
The 4-week moving average was 242,250, a decrease of 500 from the previous week’s revised average. The previous week’s average was revised down by 250 from 243,000 to 242,750.




US weekly jobless claims

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The advance seasonally adjusted insured unemployment rate was 1.4 percent for the week ending April 15, unchanged from the previous week’s unrevised rate.

 

The continuing claims drawn by workers for more than a week (the advance number for seasonally adjusted insured unemployment) during the week ending April 15 was 1,988,000, an increase of 10,000 from the previous week’s revised level. The previous week’s level was revised down by 1,000 from 1,979,000 to 1,978,000. The 4-week moving average was 2,007,250, a decrease of 16,000 from the previous week’s revised average. This is the lowest level for this average since June 10, 2000 when it was 2,006,000. The previous week’s average was revised down by 250 from 2,023,500 to 2,023,250.

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2017-04-13 12:30 PM Apr/08 234K 235K 245K 241K
2017-04-20 12:30 PM Apr/15 244K 234K 242K 240K
2017-04-27 12:30 PM Apr/22 257K 243K 245K 244K
2017-05-04 12:30 PM Apr/29 257K 251K
2017-05-11 12:30 PM May/06 248K
2017-05-18 12:30 PM May/13 249K

 




OTHER RELATED STORIES 

US Jobless Claims Rise More Than Expected
The number of Americans filing for unemployment benefits increased by 10 thousand to 244 thousand in the week ended April 15th 2017 from the previous week’s unrevised level of 234 thousand and above market expectations of 242 thousand.
Published on 2017-04-20

US Initial Jobless Claims Edge Down To 234K
The number of Americans filing for unemployment benefits decreased by 1 thousand to 234 thousand in the week ended April 8th 2017 from the previous period, below expectations of 245 thousand. It is the lowest figure in six weeks. The 4-week moving average that removes week-to-week volatility fell by 3 thousand to 247.25 thousand.
Published on 2017-04-13

US Jobless Claims At 5-Week Low
The number of Americans filing for unemployment benefits decreased by 25 thousand to 234 thousand in the week ended April 1st 2017 from the previous period, well below expectations of 250 thousand. It is the lowest figure in five weeks and the largest decline since April of 2015. The 4-week moving average that removes week-to-week volatility fell by 4.5 thousand to 250 thousand.
Published on 2017-04-06