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Unemployment claims fall to 4-year low
The July 4 holiday week provided a surprising boost to America’s job market as the number of Americans filing for first-time unemployment benefits fell to a four-year low. About 350,000 people filed for initial jobless claims in the week ended July 7, down 26,000 from the previous week, according to…
Hopes rise for better-than-bleak U.S. jobs report
After two rough months of poor jobs growth, the US labor market looks poised for a small June rebound in Friday’s official data but weak hiring remains the biggest roadblock to recovery. A trio of positive indicators Thursday offered a bit of wind behind hopes for a better reading to…
U.S. unemployment claims fall
New claims for US unemployment benefits tumbled last week, suggesting an easing in layoffs, official data showed Thursday on the eve of highly anticipated June labor data. The Labor Department reported 374,000 jobless claims were filed in the week ending June 30, down by 14,000 from the prior week’s upwardly…
New U.S. unemployment claims fall for second straight week
New claims for US unemployment benefits fell for the second week running last week, but not as much as expected as the troubled labor market slowly recovers, official data showed Thursday. New jobless claims totaled 367,000 in the week ending May 5, down from an upwardly revised 368,000 the previous…
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…
U.S. jobless claims may confirm improving labor market
New claims for US unemployment benefits rose for the first time in four weeks, but the trend still pointed to a steady decline in job layoffs across the country, the Labor Department said Thursday. Initial jobless claims climbed to 381,000 in the week ending December 24, an increase of 15,000…
Buoyant economic data boosts U.S. stocks
NEW YORK — Positive data on the US jobs market, industrial activity and trade gave a boost to US stocks Thursday, but eurozone clouds continued to hover over the markets. The Dow Jones Industrial Average rose 45.33 points (0.38 percent) to finish at 11,868.81. The broader S&P 500 rose 3.93…
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