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Jobless claims at lowest level since April ’08 The general trend on initial unemployment claims over the last few months has been largely encouraging, and today’s report offers additional good news.
Initial claims for state unemployment benefits declined 18,000 to a seasonally. fell 2,500 to 267,500 last week, the lowest level since late October. Claims are being watched for any sign of labor.
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The claims report showed the number of people still receiving benefits after an initial week of aid fell 8,000 to 2.50 million in the week ended July 12, the lowest level since June 2007.
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"This is the lowest level for this average since October 6, 2007 when it was 302,000," they noted. "The lower claims reading during the April nonfarm payroll survey week suggests that labor markets should continue to strengthen during the month, with last month’s survey period claims reading coming in at a much higher 330K," said TD.
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Initial claims for state unemployment benefits dropped 10,000 to a seasonally adjusted 206,000 for the week ended July 20, the lowest level since mid-April, the Labor Department said on Thursday. Data.
The number of Americans filing initial jobless claims last week remained flat with the prior week and at the lowest level in four years, as the jobs market continues to improve.
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There were 368,000 initial jobless claims filed in the week ended Feb. 26, the Labor Department said Thursday. That was down 20,000 from the week before, and the lowest since May 2008. Email
Initial jobless. claims to rise slightly to 295,000, up from last week’s 287,000. Last week’s report was revised up slightly to 288,000. The 4-week moving average of claims fell to 287,750, down.
There might be more interest than usual in this week’s initial jobless claims number when it is released at. after yesterday’s home starts data reached the highest level since 2007. Argentina’s.
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Jobless Claims Fall to Lowest Since 2007 JUL 11, 2014 – 7:11 am According to a recent report from the Labor Department, in the week ending July 5, the advance figure for seasonally adjusted initial unemployment insurance claims was 304,000, a decrease of 11,000 from the previous week’s unrevised level of 315,000.
Jobless Claims Fall To Lowest Level Since 1973. "The low level in initial claims suggest the economy is doing fairly well in April and GDP growth. US Jobless Claims Fall, layoffs, 2007.