Jobless Claims Lowest Levels in Seven Years

Jobless claims in the US fell to their lowest levels since 2007 according to the US DOL.   The employment market is improving and declining jobless claims is further evidence of that fact.  In the week ending May 10th jobless claims fell 24,000 to 297,000.  While...

U.S. initial jobless claims drop to 410,000

Filings remain elevated as Northeast grapples with Sandy fallout By Greg Robb, MarketWatch WASHINGTON (MarketWatch) — First-time applications for unemployment benefits declined sharply last week, government data showed Wednesday, but the number of new claims filed...

Jobless Claims Unexpectedly Increased

Weekly initial jobless claims rose by 11,000 to 428,000, versus last week’s figure which was upwardly revised by 3,000 to 417,000, and compared to the 411,000 level that economists had expected. Also, the four-week moving average, considered a smoother look at...

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