Jobless claims rise less than expected after fraudulent filings are wiped out
Cameron Dawson, chief investment officer at Newedge Wealth, spoke of seasonal growth as investors focus on stock policy presidential cycles on “making money with Charles Payne.” number of Americans applying unemployment benefits Last week’s figures edged up, but last week’s numbers were revised down after Massachusetts reported a spike in fraudulent claims. numbers released Thursday […]
Jobless Claims Fall as Labor Market Strength Continues to Defy Fed’s Anti-Inflation Push
The number of Americans filing for unemployment benefits fell last week, suggesting the demand for American labor remains high. The number of first-time unemployment claims filed on behalf of layoffs fell by 22,000 to 242,000 in the week ending May 6, the Labor Department said on Thursday. Insurance claims surged to 264,000 last week, fueling […]
Jobless claims fall sharply after Massachusetts fraud inflated data
Cameron Dawson, chief investment officer at Newedge Wealth, spoke of seasonal growth as investors focus on stock policy presidential cycles on “making money with Charles Payne.” number of Americans applying unemployment benefits Last week’s data saw its biggest drop since 2021 as fraudulent claims in Massachusetts boosted the previous week’s figures. published figures Thursday The […]
Jobless claims rise sharply to highest level since 2021
Cameron Dawson, chief investment officer at Newedge Wealth, spoke of seasonal growth as investors focus on stock policy presidential cycles on “making money with Charles Payne.” number of Americans applying unemployment benefits Last week it rose to its highest level since 2021, the latest sign that a historically tight labor market is cooling in the […]
Jobless claims come in higher than expected ahead of April jobs report
Joanie Bily, author of Dive in DEEP, predicts that more companies will invest in AI technology to replace lower-level skilled jobs. number of Americans applying unemployment benefits is better than last week’s forecast, an early sign that the labor market is starting to soften in the face of rising borrowing costs. announced numbers Thursday Initial […]
Weekly jobless claims unexpectedly drop by 16,000
U.S. unemployment claims declined last week as the labor market continued to show strength despite weakness in other parts of the economy. The number of Americans who filed for unemployment insurance in the week ending April 22 fell from 16,000 to 230,000, the Labor Department reported Thursday. The economist said he expected 248,000 claims in […]
Jobless claims rise higher than expected as layoffs continue to mount
The March jobs report was weaker than expected. Conversation with Cheryl Casone of FOX Business. number of Americans applying unemployment benefits rose more than expected last week. This is evidence that the labor market continues to soften in the face of rising borrowing costs. announced numbers Thursday Initial claims for the week ended April 15 […]
Jobless claims rise by 11K to 239K — highest in over a year
A higher-than-expected rise in the number of Americans filing new claims for unemployment benefits last week suggests that rising borrowing costs are dampening demand in the economy and that conditions in the labor market are easing. The slowdown in economic momentum was underscored by another Labor Department data on Thursday showing producer prices fell unexpectedly […]
Jobless claims unexpectedly climb to 239,000 as layoffs grow
Hodges Capital Management Founder Craig Hodges and SlateStone Wealth Chief Market Strategist Kenny Polcari Discuss How Markets Will React to Fed Chairman Jerome Powell’s Testimony at “The Claman Countdown” Before Congress increase. number of Americans applying unemployment benefits rose more than expected last week. This is evidence that the labor market is starting to soften […]
Jobless Claims Climb to 239,000, Highest Since January 2022
Last week saw an increase in the number of Americans filing their first claims for unemployment benefits. This shows the progress of the Federal Reserve’s campaign to lower the demand for US labor is in slow motion. Data released by the Labor Department on Thursday showed first-time claims increased by 11,000 to 239,000 in the […]
