• Sluggish start for stocks after climb in unemployment claims

    2 days ago - By Stl Today

    Stocks were slightly lower Thursday after a surprise increase in the number of Americans filing for unemployment benefits gave investors pause. All three major indexes are still on pace to end the week higher after the strong gains Tuesday and...
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  • US stocks trade mixed after weekly jobless claims come in higher than expected

    US stocks trade mixed after weekly jobless claims come in higher than expected

    2 days ago - By Business Insider

    Summary List Placement
    US stocks were mixed on Thursday after weekly jobless claims came in higher than expected.
    419,000 Americans filed for unemployment last week, well above the estimate of 350,000.
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    US stocks halted their uptrend early Thursday morning and moved lower following a surprise jump in weekly jobless claims.
    419,000 Americans filed for unemployment last week, well above the estimate of 350,000. Continuing claims, which measure the number of Americans receiving unemployment benefits, stood at 3.2...
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  • Weekly Initial Unemployment Claims increase to 419,000

    Weekly Initial Unemployment Claims increase to 419,000

    2 days ago - By Calculated Risk

    The DOL reported :
    In the week ending July 17, the advance figure for seasonally adjusted initial claims was 419,000, an increase of 51,000 from the previous week's revised level. The previous week's level was revised up by 8,000 from 360,000 to 368,000. The 4-week moving average was 385,250, an increase of 750 from the previous week's revised average. The previous week's average was revised up by 2,000 from 382,500 to 384,500.
    emphasis added This does not include the 96,362 initial claims for Pandemic Unemployment Assistance that was down from 100,590 the previous week.
    The following...
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  • U.S. jobless claims show surprise gain, well above expectations

    U.S. jobless claims show surprise gain, well above expectations

    2 days ago - By CNBC

    Weekly jobless claims totaled 419,000 for the week ended July 17, above the 350,000 estimate.
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  • US jobless claims rise to 419,000 from a pandemic low

    2 days ago - By Chron

    WASHINGTON - The number of Americans seeking unemployment benefits rose last week from the lowest point of the pandemic, even as the job market appears to be rebounding on the strength of a reopened economy.
    The Labor Department said Thursday that jobless claims increased last week to 419,000, the most in two months, from 368,000 the previous week. The weekly number of first-time applications, which generally tracks layoffs, has fallen steadily since topping 900,000 in early January.
    Americans are shopping, traveling and eating out more as the pandemic has waned, boosting the economy and...
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  • Unemployment claims jumped to 419,000 last week, a sudden increase that shows labor market remains unsettled

    2 days ago - By Washington Post

    It was the third time in about six weeks that the new claims had ticked up, according to data from the Department of Labor.
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  • The number of Americans filing for unemployment unexpectedly spiked to 419,000 last week

    The number of Americans filing for unemployment unexpectedly spiked to 419,000 last week

    2 days ago - By Business Insider

    Summary List Placement Initial jobless claims for the week ending July 17 came in at 419,000, far higher than the consensus expectation of 350,000, according to Bloomberg .
    The unexpected spike in the number of Americans newly out of work from last week's revised figure of 368,000 is another in a series of blips in a noisy but gradually declining measure.
    While the number of Americans newly filing for unemployment benefits tends to bounce around from week to week, it's been on a general downward trend after spiking to record-shattering numbers amid the early days of the pandemic last...
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