Home / Tag Archives: Jobs (page 26)

Tag Archives: Jobs

Initial Unemployment Claims Creeping Up

First time claims were unchanged at 370,000 for the week ended May 12 after the number of initial claims filed for the previous week was revised upward, the Labor Department reported Thursday. Economists had expected initial claims would decrease to 365,000. The Labor Department had initially reported 367,000 claims filed for the week ended May 5. The revision turned that report to an increase of 2,000 from a previously reported decline of 1,000. Continuing claims - reported on a one week lag - increased 18,000 to 3,265,000 after the preceding week's report was bumped up to 3,247,000 from an originally reported 3,269,000, coincidentally another 18,000 increase from the original report.

Read More »

Initial Unemployment Claims Dip

First time claims for unemployment insurance resumed their steady decline dipping 1,000 to 367,000 for the week ended May 5, the Labor Department reported Thursday after the previous week's total was revised upward by 3,000 to 368,000, the highest level in five months.

Read More »

Slow Growth: 115,000 Jobs Added In April, Unemployment Rate Down

The nation added 115,000 jobs in April, far below expectations and a drop from March’s revised payroll growth of 154,000, the Bureau of Labor Statistics reported Friday. The closely watched unemployment rate dipped again to 8.1 percent – its lowest level since January 2009 (7.8 percent) when President Obama took office – a function of a sharp drop in the nation’s labor force. Payroll gains for February and March were revised, adding 19,000 to the February numbers and 34,000 to March. The average workweek remained at 34.5 hours – still below the level when the recession began in December 2007 (34.6) and average hourly earnings improved by one cent. The number of people not in the labor force increased, as both the number of people employed and unemployed declined.

Read More »

Your Daily Dose of DS News

Get the news you need, when you need it. Subscribe to the Daily Dose of DS News to receive each day’s most important default servicing news and market information, absolutely free of charge.