Jobless Claims Jump, But Trend Is Unclear

New claims for jobless benefits soared last week, a worrisome sign for the slowly recovering labor market.

Topics:  jobless   claims   
BING NEWS:
  • Fed Gets Green Light For Rate Cut From CPI, PPI, Jobless Claims; S&P 500 Pauses
    W ednesday's consumer price index data pretty much cleared the path for a Federal Reserve rate cut next week. But policymakers are going to feel much better about cutting rates af ...
    12/13/2024 - 8:52 am | View Link
  • Jobless claims jump to two-month high in a cautionary sign, but holidays may be to blame
    Initial jobless claims rose by 17,000 to 242,000 in the week that ended Dec. 7, the Labor Department said Thursday. That’s the highest level since mid-October.
    12/12/2024 - 1:08 am | View Link
  • Initial jobless claims unexpectedly jump to 242K in past week
    Initial jobless claims for the week ended Dec. 7 rose by 17K to 242K, well above the 221K consensus and 225K prior (revised from 224K), the U.S. Department of Labor said on Thursday. The four-week ...
    12/12/2024 - 12:47 am | View Link
  • Eggs boost U.S. producer prices in November, but services inflation slowing
    Last’s week jump in claims likely reflected volatility after the U.S. Thanksgiving holiday and likely does not mark an abrupt shift in labour market conditions ...
    12/12/2024 - 12:00 am | View Link
  • US weekly jobless claims decline further
    Initial claims for state unemployment benefits dropped ... month as a toss-up amid signs of a slowdown in the disinflation trend. Minutes of the Fed's Nov 6-7 policy meeting published on ...
    11/27/2024 - 7:35 am | View Link
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