- Friday, 21 October 2016
- News
Unemployment Claims rose to 260,000
In the week ending October 15, the advance figure for seasonally adjusted initial claims was 260,000, an increase of 13,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 246,000 to 247,000. The previous week's average was revised up by 250 from 249,250 to 249,500. There were no special factors impacting this week's initial claims. This marks 85 consecutive weeks of initial claims below 300,000, the longest streak since 1970.
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- Friday, 21 October 2016
- News
Number of unemployed in Australia decreased by 9,800
Monthly trend employment in Australia increased slightly in September 2016, according to figures released by the Australian Bureau of Statistics (ABS) today. In September 2016, trend employment increased by 3,900 persons to 11,959,500 persons - a monthly growth rate of 0.03 per cent. This is down from the monthly employment growth peak of 0.28 per cent in September 2015. Trend part-time employment growth continued, with an increase of 11,800 persons, while full-time employment decreased by 7,900 persons. The seasonally adjusted number of persons employed decreased by 9,800 in September 2016. The seasonally adjusted unemployment rate for September 2016 decreased by 0.1 percentage points to 5.6 per cent, and the seasonally adjusted labour force participation rate decreased by 0.2 percentage points to 64.5 per cent.
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- Thursday, 13 October 2016
- News
Unemployment Claims unchanged at 246,000
In the week ending October 8, the advance figure for seasonally adjusted initial claims was 246,000, unchanged from the previous week's revised level. The 4-week moving average was 249,250, a decrease of 3,500 from the previous week's revised average. This is the lowest level for this average since November 3, 1973 when it was 244,000. The previous week's average was revised down by 750 from 253,500 to 252,750. There were no special factors impacting this week's initial claims. This marks 84 consecutive weeks of initial claims below 300,000, the longest streak since 1970.
Read more...- Thursday, 06 October 2016
- News
Unemployment Claims decreased to 249,000
Filings for U.S. unemployment benefits fell last week to the second-lowest level since 1973, as employers show scant willingness to fire workers amid a tightening labor market. Jobless claims dropped by 5,000 to 249,000 in the week ended Oct. 1, a Labor Department report showed Thursday in Washington. The median forecast in a Bloomberg survey called for 256,000. Continuing claims declined to the lowest level since 2000.
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