Markets News 

U.S. jobless claims jump to nearly 5-month high of 225,000

“Initial jobless claims rose 14,000 to a seasonally adjusted 225,000 in the seven days ended Nov. 9, the government said Thursday” writes Jeffry Bartash for marketwatch.com. Wall Street is sure to watch new jobless claims closely in the coming weeks to see if they continue to rise.The government adjusts jobless claims to account for periodic swings in seasonal employment patterns.Read: Trump’s agenda a double-edged sword for the U.S world economy What happened: Actual or unadjusted jobless claims posted inordinately large increases in a handful of states, including California, New Jersey,…

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News 

Australia’s jobless rate ticks up slightly

“The jobless rate was in line with economists’ forecasts, although the number of people employed fell by 19,000, compared with an expected 17,000 rise” writes Rachel Pannett for marketwatch.com. Labor-market performance is a key marker for the Reserve Bank of Australia, with the central bank watching any fluctuations in labor market growth and wage changes ahead of its last policy meeting of the year, economists say. Source: marketwatch.com

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Markets News 

U.S. weekly jobless claims fall more than expected

“Fed Chair Jerome Powell acknowledged some moderation in the pace of job growth this year, but said “the job market remains strong.”” writes Midwest Communications Inc for 95kqds.com. WASHINGTON (Reuters) – The number of Americans filing applications for unemployment benefits fell more than expected last week, consistent with strong labor market conditions and continued job growth.The level of claims suggests solid labor market conditions. Source: 95kqds.com

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Jobless claims rise slightly to 214,000 in mid-October, but remain near a 50-year low

“What happened: Most of the increase in new jobless claims last week was concentrated in California” writes Jeffry Bartash for marketwatch.com. Initial jobless claims, a rough way to measure layoffs, increased by 4,000 to 214,000 in the week of Oct. 6 to Oct. 12, the government said Thursday.They worry they won’t be able to find skilled workers to fill open positions if the economy speeds up again. Source: marketwatch.com

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AUD News 

Australia unemployment rate dips, still long way to go

“That helped nudge the jobless rate down a tick to 5.2%, from a one-year peak of 5.3%, the first drop since February when it got as low as 4.9%” writes Midwest Communications Inc for 95kqds.com. Yet the jobless rate still remains well above the RBA’s aspirational goal of 4.5%, and further declines would likely be needed to lessen the case for more stimulus.”But employment surveys point to jobs growth slowing and we expect unemployment to reach 5.5% by early next year.”. “Almost all of the strength in employment growth over…

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News 

U.S. Adds 136,000 Jobs in September, Jobless Rate Hits 50-Year Low

“The September jobs report, including the decline in the unemployment rate, checks off the boxes as being good news for workers, investors, and indeed most Americans” writes M Corey Goldman for thestreet.com. Professional and business service jobs as well as jobs in government, transportation and warehousing also showed signs of strength.So far this year, U.S. employment has climbed by an average 157,000 jobs per month, well below the average 2018 gain of 223,000. Source: thestreet.com

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U.S. jobless claims inch up in mid-September

“What happened: Actual or unadjusted jobless claims rose in only a few states like Texas, California, and North Carolina” writes Senior Economics Reporter for marketwatch.com. Initial jobless claims, a rough way to measure layoffs, rose 2,000 to 208,000 in the seven days ended Sept. 14, the government said Thursday.What are they saying: “Claims remain low, consistent with a still-solid trend in employment growth. Source: marketwatch.com

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Jobless claims edge up to 217,000, but there’s no sign of rising layoffs

“What happened: Actual or unadjusted jobless claims rose the most in Illinois, but they fell in Florida and New York to keep the national total roughly the same as in the prior week” writes Jeffry Bartash for marketwatch.com. Initial jobless claims, a rough way to measure layoffs, edged up by 1,000 to 217,000 in the seven days ended Aug. 31, the government said Thursday.Equities have been rising on renewed hopes that the U.S. and China will strike a trade deal. Source: marketwatch.com

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Markets News 

U.S. weekly jobless claims increase slightly

“The four-week average of continuing claims was little changed between the July and August survey periods, suggesting the jobless rate could hold steady at 3.7%” writes Midwest Communications Inc for 95kqds.com. The continuing claims data covered the week of the household survey from which August’s unemployment rate will be calculated.Initial claims for state unemployment benefits increased 4,000 to a seasonally adjusted 215,000 for the week ended Aug. 24, the Labor Department said on Thursday.WASHINGTON (Reuters) – The number of Americans filing applications for unemployment benefits rose moderately, pointing to sustained…

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Jobless claims rise to one-month high

“Initial jobless claims rose by 6,000 to 229,000 in the seven days ended March 9, the government said Thursday” writes Jeffry Bartash for marketwatch.com. The four-week average of new jobless claims, on the other hand, fell by 2,500 to 223,750.The numbers: The number of jobless workers who applied for unemployment benefits last week rose to a one-month high, but the level of layoffs in the U.S. remained extremely low. Source: marketwatch.com

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