Initial jobless claims above 300K for third week

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Initial Jobless Claims came in 4K above expectations at 229K on a seasonally adjusted basis; up from last week’s 223K. This is near the upper end of the range jobless claims have been in for the past few months. It has also now been two months since claims last hit a new low of 200K. On the other hand, this week marks the 210th week that claims have come in below 300K.

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Initial jobless claims missed expectations yet again, staying well above the 300,000 mark for the third week running. The 307,000 jobless claims included 75,000 out of energy-heavy economies in.

The big spike in weekly jobless claims has reduced itself down from a peak of 474,000 three weeks ago to 409,000 last week. We are still significantly above the trend from earlier in the year that had initial jobless claims in the 380K range, however: In the week ending May 14, the advance figure for seasonally adjusted initial claims was.

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 · By Eric Morath and Josh Mitchell WASHINGTON-The number of Americans applying for new unemployment benefits rose last week, at least partially reflecting job loss due to hurricanes Harvey and Irma. Initial jobless claims, which reflect nationwide layoffs, rose by 12,000 to a seasonally adjusted 272,000 in the week ended Sept. 23, the Labor Department said [.]

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First-time claims for jobless benefits fell by 12,000 to 377,000 in the week ended June. rate has been above 8 percent since February 2009, the longest such stretch since monthly records began in.

Productivity, the amount of output per hour worked, jumped 9.5 percent in the third. jobless benefits for more than a week fell 68,000 to 5.75 million, above analysts’ estimates but the eighth drop.

Will market turmoil drive the Fed to taper the taper? If either of the factors discussed here were to reverse – i.e., a market repricing up to an old neutral for the fed funds rate or a market-unfriendly change in the Fed’s balance sheet normalization framework – another taper tantrum could result.

Initial Jobless Claims came in 4K above expectations at 229K on a seasonally adjusted basis, up from last week’s 223K. For the third week in a row, the four-week moving average of the seasonally.

First time claims for unemployment insurance rose 8,000 in the week ended March 2, the Labor Department reported today, the third straight weekly increase after revisions to earlier data.

Jobless Claims: The number of people who are filing or have filed to receive unemployment insurance benefits, as reported weekly by the U.S. Department of Labor . There are two categories of.

Yellen: Fed needs to detect asset bubbles when they’re forming Yellen might also mention that continued Fed asset purchases, while they might be marginally helpful in holding down long-term interest rates – for what that is worth – also drain financial assets from the economy as the other side of the same swaps that add them, and that these asset purchasing programs are a rather weak, trickle-down.