Weekly jobless claims

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U.S. Jobless Claims Rise Slightly in Tight Labor Market
Number of people seeking unemployment benefits remains historically low despite layoffs at big companies

U.S. unemployment filings rose slightly last week, a sign the labor market remains tight despite layoffs at some companies and broader economic uncertainty.

Initial jobless claims, a proxy for layoffs, rose by 4,000 to a seasonally adjusted 230,000 last week, the Labor Department said Thursday. That was near the 2019 weekly average of around 218,000 when the labor market was also robust.

https://www.wsj.com/articles/u-s-jo...ket-11670507772?mod=Searchresults_pos1&page=1
 
Re: Market News

[h=1]They can't stop the jobs market as Initial Jobless Claims come in lighter than expected.

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Re: Market News

Filings for U.S. unemployment benefits rose only modestly last week and held near prepandemic levels, suggesting the labor market remains historically tight.

Initial jobless claims, a proxy for layoffs, increased by 9,000 to a seasonally adjusted 225,000 last week, the Labor Department said Thursday. Average weekly claims this year through mid-December were slightly lower than the 2019 average of 218,000, when the labor market also was historically strong.

https://www.wsj.com/articles/u-s-jobless-claims-edged-higher-last-week-11672321590



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Re: Market News

U.S. weekly jobless claims unexpectedly fall

Initial claims for state unemployment benefits dropped 15,000 to a seasonally adjusted 190,000 for the week ended Jan. 14, the Labor Department said on Thursday.

Economists polled by Reuters had forecast 214,000 claims for the latest week.

Claims have remained at levels consistent with a tight labor market, even as layoffs have accelerated in the technology industry and interest rate-sensitive sectors like finance and housing.

https://www.cnbc.com/2023/01/19/us-weekly-jobless-claims-unexpectedly-fall.html
 
Re: Market News

Jobless Claims Edged Lower Last Week

Worker filings for unemployment benefits remain historically low in a strong labor market

Worker claims for unemployment benefits ticked down last week, a sign the labor market remains historically tight.

Initial jobless claims, a proxy for layoffs, decreased by 3,000 to a seasonally adjusted 192,000 last week, the Labor Department said Thursday. Weekly claims have remained below the 2019 prepandemic average of about 220,000 since the start of the year.

$Pay site: https://www.wsj.com/articles/jobless-claims-edged-lower-last-week-84f80188?mod=economy_lead_pos2
 
Re: Market News

Jobless claims edge up to 198,000, higher than expected

Jobless claims for the week ended March 25 totaled 198,000, up 7,000 from the previous period and a bit higher than the 195,000 estimate.

Continuing claims, which run a week behind, edged up 4,000 to 1.689 million.

The final GDP reading for the fourth quarter of 2022 showed the economy grew at a 2.6% annualized rate in the fourth quarter.
https://www.cnbc.com/2023/03/30/jobless-claims-edge-up-to-198000-higher-than-expected-.html
 
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Weekly Initial Jobless Claims higher than expected

264,000 new claims vs. 247,000 est.

Continuous claims were also up (1813K) over last week (1801K).
 
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Weekly Initial Jobless Claims came in at 229,000, below the 247,000 estimate.
 
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Jobless claims increase more than expected to their highest since October 2021

Jobless claims totaled 261,000 for the week ended June 3, an increase of 28,000 from the previous week.

The total was well ahead of the Dow Jones estimate for 235,000 and in fact was the highest weekly rate since Oct. 30, 2021.

The report comes less than a week ahead of the next Federal Reserve meeting.

https://www.cnbc.com/2023/06/08/job...cted-to-their-highest-since-october-2021.html
 
Re: Market News

08:30 ET: Initial Claims


For: 10/21
Actual: 210K
B.com Cons: 210K
Prior: 200K
Revised From: 198K


08:30 ET: Continuing Claims
For: 10/14
Actual: 1790K
B.com Cons: NA
Prior: 1727K
Revised From: 1734K
 
Re: Market News

Initial jobless claims data from briefing.com...

Initial Claims For: 12/02

Actual: 220K
B.com Forecast: 217K
B.com Cons: 223K
Prior: 219K


Continuing Claims For: 11/25
Actual: 1861K
Prior: 1925K
 
Re: Market News

From Briefing.com

Initial Claims
For: 03/02
Actual: 217K
B.com Forecast: 220K
B.com Cons: 217K
Prior: 217K | Revised From: 215K

Continuing Claims
For: 02/24
Actual: 1906K
Prior: 1898K | Revised From: 1905K



Despite continuous reports like the one below, can we possibly get another blowout jobs report tomorrow with this kind of data?

Layoffs rise to the highest for any February since 2009, Challenger says

Layoff announcements in February hit their highest level for the month since 2009, Challenger, Gray & Christmas reported Thursday.

With a series of high-profile layoff waves, tech leads the way this year in cuts with 28,218, though that number has fallen 55% from the same period a year ago.

Layoffs rise to the highest for any February since 2009, Challenger says
 
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