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Unemployment Claims up to 297,000

In the week ending July 4, the advance figure for seasonally adjusted initial claims was 297,000, an increase of 15,000 from the previous week's revised level. Analysts were forecasting decline to 274,000. The previous week's level was revised up by 1,000 from 281,000 to 282,000. The 4-week moving average was 279,500, an increase of 4,500 from the previous week's revised average. The previous week's average was revised up by 250 from 274,750 to 275,000.   Read more...

NFP employment rose less than expected

Total nonfarm payroll employment rose by 223,000 in June, compared with an average  monthly gain of 250,000 over the prior 12 months. Rise by 231,00 was expected. In June, job gains occurred in professional and business services, health care, retail trade, financial activities, and in transportation and warehousing. Read more...

Unemployment Claims remain below 300,000 level

In the week ending June 20, the advance figure for seasonally adjusted initial claims was 271,000, an increase of 3,000 from the previous week's revised level. This was inline with market forecasts. The 4-week moving average was 273,750, a decrease of 3,250 from the previous week's revised average. The advance seasonally adjusted insured unemployment rate was 1.7% for the week ending June 13, unchanged from the previous week's unrevised rate.  Read more...

Unemployment Claims show strength on job market

In the week ending June 13, the advance figure for seasonally adjusted initial claims was 267,000, a decrease of 12,000 from the previous week's unrevised level of 279,000. Analysts were forecasting smaller decrease to 278,000. The 4-week moving average was 276,750, a decrease of 2,000 from the previous week's unrevised average of 278,750.   Read more...

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