Weekly applications for US jobless benefits fall to the lowest level in 4 months
- The number of Americans applying for unemployment benefits fell to 219,000 last week, the lowest level in four months, as reported by the Labor Department.
- Jobless claims slid by 12,000 for the week of September 14, which is below analyst forecasts of 230,000 new filings.
- The total number of Americans collecting jobless benefits decreased by 14,000 to about 1.83 million for the week of September 7, the fewest since early June.
31 Articles
31 Articles
Weekly applications for U.S. unemployment benefits fall to the lowest level in 4 months
Jobless claims slid by 12,000, to 219,000, for the week of Sept. 14, the Labor Department reported Thursday. That's fewer than economists' expectations for 230,000 new filings.
Plunge In Jobless Claims Exposes Apolitical Fed-Cut 'Policy Error' Further
Plunge In Jobless Claims Exposes Apolitical Fed-Cut 'Policy Error' Further The day after The Fed slashes rates by a crisis-like 50bps, jobless claims data plunges to multi-month lows signaling an economy that is anything but 'soft landing' let alone landing at all... Adjusted initial claims tumbled from 231k to 219k (lowest since May) while unadjusted claims continued to tumble to 12-month lows... Source: Bloomberg Continuing claims also contin…
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