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Unemployment Claims

All articles tagged with #unemployment claims

economy3 months ago•2 min saved

US Jobless Claims Drop to Lowest Since July, Indicating Labor Market Resilience

Despite fears of a slowing labor market, initial unemployment claims dropped significantly to 218,000, well below expectations, indicating resilience in the economy. This, coupled with strong GDP growth and increased consumer spending, suggests the economy remains solid even as the Federal Reserve considers further rate cuts. However, some sectors like housing show signs of recovery, and the labor market's overall health remains a key focus for policymakers.

via CNBC|

#economic-strength #economy #federal-reserve

economy4 months ago•3 min saved

US Jobless Claims Rise to 4-Year High at 263,000

Jobless benefit applications in the US rose to 263,000 last week, the highest in nearly four years, signaling potential Federal Reserve interest rate cuts amid concerns over a weakening labor market and persistent inflation, despite recent revisions showing weaker-than-expected job growth and a slowdown in economic expansion.

via ABC News|

#economy #inflation #interest-rate-cut

finance4 months ago•7 min saved

Veteran Analyst Warns of Risks Amid Mixed Market Signals and Weak Jobs Data

Veteran analyst Jim Welsh warns that the US economy is following a 17-year super cycle that could lead to a major downturn within the next two years, driven by deteriorating labor market indicators and high market valuations, potentially triggering a prolonged bear market and significant declines in the S&P 500.

via TheStreet|

#finance #labor-market #market-cycle

economy5 months ago•1 min saved

US Jobless Claims Increase but Layoffs Remain Low

U.S. unemployment claims rose to a two-month high of 335,000 due to seasonal adjustments, but actual new claims remain very low, indicating a stable labor market for those employed. However, the number of people collecting unemployment benefits increased, suggesting difficulty for job seekers. Economists believe hiring will remain sluggish until trade tensions ease and interest rates are potentially cut by the Fed, which has caused a decline in stock markets.

via MarketWatch|

#economic-slowdown #economy #fed-interest-rates

economy5 months ago•3 min saved

US Unemployment Claims Rise to Pandemic-Era Highs

US weekly unemployment claims increased modestly to 226,000 for the week ending August 2, indicating a still healthy labor market despite economic uncertainties and recent trade tensions, with the jobless rate remaining at 1.3%.

via Forex Factory|

#economic-indicators #economy #jobless-benefits

economy6 months ago•5 min saved

US Economy Shows Signs of Greater Weakness in Early 2025 Data

Recent data indicates the US economy is experiencing a slowdown, with a revised GDP decline of 0.5%, falling consumer spending, and rising unemployment claims, though a recession is not yet certain.

via Business Insider|

#consumer-spending #economic-slowdown #economy

economy6 months ago•2 min saved

US labor market shows mixed signals amid fluctuating jobless claims

Recent U.S. jobs data reveals mixed signals with fluctuating weekly unemployment claims and rising continuing claims, indicating underlying workforce struggles despite a strong stock market performance, suggesting the economy is in a state of flux.

via TheStreet|

#economic-flux #economy #jobs-data

economy7 months ago•3 min saved

US Jobless Claims Remain Near Historic Lows Amid Economic Softening

U.S. unemployment claims decreased slightly to 245,000, remaining at historically low levels, indicating a resilient but decelerating job market influenced by interest rate hikes and trade policies. Despite some signs of slowdown, layoffs remain low, and employment continues to grow, though at a slower pace.

via PBS|

#economy #federal-reserve #interest-rates

economy7 months ago•2 min saved

US Jobless Claims Increase but Layoffs Remain Low

Despite a rise in initial unemployment claims to a five-week high, the data is largely seasonal and not indicative of rising layoffs, as most US companies continue to retain employees amidst ongoing trade tensions and legal disputes over tariffs. The overall job market remains stable, with low unemployment and steady hiring prospects, though trade disputes could slow future growth.

via MarketWatch|

#economy #job-market #trade-tensions

stock-market1 year ago•3 min saved

Nvidia Drops Amid Mixed Markets and Job Data Focus

The Dow Jones Industrial Average saw slight gains amid a rise in unemployment claims, while Nvidia shares fell due to CEO Jensen Huang's planned stock sale. Biotech stocks Janux Therapeutics and LivaNova dropped below their 50-day moving averages, signaling a sell. Halozyme Therapeutics surged after raising its full-year outlook, and Robinhood jumped on acquiring Bitstamp. Lululemon soared on strong earnings, while Five Below fell on a weak outlook.

via Investor's Business Daily|

#biotech-stocks #dow-jones #earnings-reports

economy1 year ago•3 min saved

US Weekly Jobless Claims Increase

U.S. weekly jobless claims rose by 8,000 to 229,000, indicating a cooling labor market, while Q1 labor costs were revised lower, suggesting subdued inflation pressures. Despite these changes, the labor market remains tight, with continuing claims still low historically. Additionally, U.S. worker productivity grew slightly less than initially estimated, and the trade deficit widened in April, potentially dampening Q2 economic growth.

via Yahoo Finance|

#economy #federal-reserve #labor-market

finance1 year ago•5 min saved

"Dow Jones Climbs as Tesla Slumps on Downgrade and Jobless Claims"

The Dow Jones Industrial Average rose after the Labor Department reported initial unemployment claims, while Tesla stock hit a new low following an analyst downgrade. Streaming giant Netflix plans to disclose earnings after the close. The 10-year Treasury yield ticked higher, and oil prices climbed. Key earnings movers included Alcoa, Discover Financial, Las Vegas Sands, D.R. Horton, and Taiwan Semiconductor Manufacturing. Additionally, Broadcom, DraftKings, On Holding, and ServiceNow are among the best stocks to watch in the current market rally.

via Investor's Business Daily|

#earnings #finance #netflix

finance1 year ago•10 min saved

"Predicting Fed Rate Cuts: Insights from Investment Strategists and Bond Traders"

Jim Bianco discusses the data investors should follow to anticipate when the Federal Reserve will begin cutting rates, highlighting the significance of initial unemployment claims and wage gains. He emphasizes the impact of rate cuts on the market, the historical context of rate changes, and the importance of understanding the reasons behind the Fed's rate-cutting decisions. Bianco suggests monitoring initial unemployment claims and Chairman Powell's "super core" inflation measure to gauge the potential start of a new rate-cutting cycle.

via Barry Ritholtz|

#federal-reserve #finance #inflation

businesseconomy2 years ago•3 min saved

Tech Layoffs: A Global Outlook for 2024

Despite recent tech layoffs, economists are not yet seeing them as a sign of a labor market slowdown. Weekly unemployment claims remain low, indicating a strong labor market. Some economists worry about signs of slowing job growth and a declining hiring rate, but others believe that the strength of the economy and higher-than-average wage growth may be supporting workers who are laid off. Overall, the consensus is that economic growth stimulates further job growth, making it hard to see significant labor market weakness when the economy is growing.

via Yahoo Finance|

#businesseconomy #economic-growth #labor-market

economy2 years ago•1 min saved

Retail Sales Defy Expectations, Rebound in November

Retail sales in the US unexpectedly rose by 0.3% in November, surpassing expectations for a decline, indicating a strong start to the holiday season. Excluding autos, sales increased by 0.2%, while excluding autos and gas, sales rose by 0.6%. Despite a decline in gas station sales, other sectors such as bars and restaurants, sporting goods stores, hobby stores, book and music stores, and online retailers saw gains. Additionally, initial claims for unemployment insurance dropped to 202,000, the lowest since mid-October.

via CNBC|

#consumer-spending #economic-growth #economy