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Tag Archives: Bureau of Labor Statistics

Builder Confidence Surges to 7-Year High in June

Builder confidence surged eight points in June to 52, its highest reading since March 2006, the National Association of Home Builders (NAHB) reported Monday. It was the first positive (above 50) reading for the association’s Housing Market Index (HMI) since April 2006. Two of the three components of the index--builder assessment of current sales and of sales six months in the future--were also positive. The current sales index rose eight points to 56, and the future sales index jumped nine points to 61.

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First-Time Jobless Filings Continue Down

First time claims for unemployment insurance fell to 334,000, for week ended June 8, the lowest level in a month dropping 12,000 after increasing 13,000 one week earlier the Labor Department reported Thursday. Economists expected initial claims to increase to 350,000 from the prior week.

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Job Openings Dip in April; Hiring in Fastest Pace Since 2008

The number of job openings fell in April for the fourth time in the last five months as the number of people leaving their jobs jumped to the highest level since August, the Bureau of Labor Statistics (BLS) reported Tuesday. The number of persons unemployed for each job opening rose to 3.10, the first increase in that measure since February. At the same time, the JOLTS data showed hiring in the first four months of the year was up--albeit just 0.2 percent--from the same period in 2012.

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Economy Adds 175K Jobs in May; Unemployment Rate Ticks Up

The economy added 175,000 jobs in May, and the unemployment rate ticked up to 7.6.percent, the first month-over-month increase since January, the Bureau of Labor Statistics reported Friday. Economists had forecast payrolls would grow by 170,000, and that the unemployment rate would remain at 7.5 percent. The increase in the unemployment rate came from an increase in the labor force as more people looked for work. As a result, the number of persons meeting the government definition of unemployed went up.

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Holiday Cuts First-Time Jobless Claims

First-time claims for unemployment insurance fell back to 346,000 for the holiday-shortened week ending June 1, dropping 11,000 after increasing 13,000 one week earlier, the Labor Department reported Thursday.

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First-Time Jobless Claims Fall; Sequester Cuts Ongoing Claims

First-time claims for unemployment insurance for the week ended May 18 dropped 23,000 to, 340,000 from the highest level since the end of March, the Labor Department reported Thursday. Economists expected initial claims to drop to 345,000. First-time jobless claims for the week ended May were revised up to 363,000 from the originally reported 360,000.

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First-Time Jobless Claims Hit Six-Week High

First time claims for unemployment insurance for the week ended May 11 rose 32,000 to, 360,000, the highest level since the end of March, the Labor Department reported Thursday. Economists expected initial claims to increase to 330,000. First time jobless claims for the week ended May were revised up to 328,000 from the originally reported 323,000.

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First-Time Jobless Claims Continue to Drop

First time claims for unemployment insurance for the week ended May 4 dropped 4,000 to, 323,000, again the lowest level in more than five years the Labor Department reported Thursday. Economists expected initial claims to increase to 335,000. First time jobless claims for the week ended April 27 were revised up to 327,000 from the originally reported 324,000.

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Hiring Drops 4.3% in March, BLS Reports

Hiring fell 4.3 percent in March, the same month in which payroll job growth plunged, the Bureau of Labor Statistics (BLS) reported Tuesday in its monthly Job Openings and Labor Turnover Survey (JOLTS). Data from the report indicated there were 11.2 unemployed construction workers for every available job in March, up from 9.0 in February. By industry, the number of unemployed persons per job opening also increased in the manufacturing and information sectors.

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