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New claims for U.S. unemployment insurance fell last week

New claims for US unemployment insurance fell last week, according to government data released on Thursday that pointed to the slowly recovering jobs market. First-time jobless claims fell to 326,000 in the week ending January 11, from the prior week’s downwardly revised figure of 328,000, the Labor Department said. Last…

Unemployment claims edge higher

US claims for unemployment insurance rose slightly last week but continued to point to a slowly improving job market, government data released Thursday showed. Initial jobless claims increased to 308,000 for the week ending September 28 from the prior week’s revised figure of 307,000, the Labor Department reported. The slight…

The ‘sharp decline’ in U.S unemployment was actually a glitch

US jobless claims fell sharply last week mainly due to technical problems that affected some states supplying data, the government said Thursday. Initial claims for unemployment benefits dived by 31,000 to 292,000 in the holiday-shortened week ending September 7, the Labor Department reported. Analysts had expected new claims, a sign…

Unemployment claims fall to 6-year low

New claims for US unemployment insurance benefits fell last week to their lowest level in six years, a fresh sign of labor market tightening, the Labor Department said Thursday. Initial jobless claims totaled 320,000 in the week ending August 10, compared to 335,000 the previous week. The four-week moving average…

Stocks climb as unemployment hits lowest level since mid-March

US stocks Thursday finished a volatile trading session higher following improved jobless claims data and a mixed bag of corporate earnings. The Dow Jones Industrial Average added 24.50 (0.17 percent) to 14,700.80. After touching close to break-even, the index rallied in the final minutes for a gain. The broad-based S&P…

Stocks surge to new record highs after jobs report

US stocks pushed to new record levels after a government report pointed to lower-than-expected jobless claims. At the closing bell, the Dow Jones Industrial Average jumped 61.29 (0.41 percent) to 14,863.53, while the broad-based S&P 500 rose 5.47 (0.34 percent) to 1,593.20. Both the Dow and the S&P 500 recorded…

New unemployment applications fall after three weeks of increases

New claims for US unemployment benefits fell more than expected last week, partly erasing the increases of the prior three weeks, Labor Department data released Thursday showed. Initial jobless claims, an indicator of the pace of layoffs, dropped 11 percent to a seasonally adjusted 346,000 in the week ending April…

Unemployment claims fall for the third week in a row

New claims for US unemployment benefits fell last week for the third week in a row, signaling continuing improvement in the troubled jobs market, Labor Department data released Thursday showed. Jobless claims, an indicator of the pace of layoffs across the country, totaled 332,000 in the week ending March 9,…

New unemployment claims in U.S. at lowest level since April 2008

New claims for US unemployment benefits fell last week, hovering at four-year lows as the ailing labor continues to mend, government data showed Thursday. The Labor Department reported 357,000 initial jobless claims were filed in the week ending March 31, the lowest level since April 2008. It was a decrease…

Dow surges to highest level since 2008 on solid U.S. data

NEW YORK — US stocks surged higher Thursday helped by buoyant data on new jobless claims and housing starts, with the Dow reaching its highest level since May 2008. Positive signs for the US economy poured in, with the weekly report of new claims for unemployment benefits falling to their…

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