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Showing 1 - 10 of 234 results for "jobless claims"

Proceed with caution: Janus Henderson

ALLY SELBY  |  TUESDAY, 19 MAY 2020
... morphed into a financial shock and now has become an economic crisis," he said. "Since late March, weekly initial jobless claims have averaged 4.8 million compared to 306,000 over the previous decade. Continuous claims stand at nearly 23 million. "April's ...

Markets slump as US jobless claims hit 30m

ALLY SELBY  |  FRIDAY, 1 MAY 2020
US bourses fell overnight after data revealed 3.8 million Americans filed for unemployment last week. Over the past six weeks, 30.3 million Americans have filed claims for unemployment benefits as businesses shutter thanks to coronavirus shutdowns. ...

The bulls are back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... market rife with volatility. The Dow experienced its strongest three days in nine decades after record weekly US jobless claims came in below worst fears and the focus stayed on the US$2 trillion stimulus awaiting approval by the US House of Representatives ...

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG  |  FRIDAY, 27 MAR 2020
... "dwarf every other week in history... back to 1967". Below is the updated chart from Factset: In as much as initial jobless claims provide a leading indicator of the unemployment rate, Federal Reserve Bank of St. Louis President James Bullard's prediction ...

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  WEDNESDAY, 24 APR 2019
... March US Manufacturing Growth Holds Steady at Near 2-Year Low US Retail Sales Post Biggest Gain in 1-1/2 Years US Jobless Claims Drop to Fresh Low since 1969 US March Budget Gap Smaller than Expected What immediately came to my balding head was... will ...

Chief economist update: Americans who want work will find it

BENJAMIN ONG  |  MONDAY, 5 NOV 2018
... government budget wins too, in that it's spending less on unemployment benefits. Latest data show that continuing jobless claims dropped to 1,631,000 in the week ending 20 October - the lowest level since the mid-1970s and is edging closer to the ...

Chief economist update: Fed will go hiking in June

BENJAMIN ONG  |  THURSDAY, 24 MAY 2018
... around 17.5 years - and followed six straight months of low 4.1% readings. The lead from the steadily dropping US jobless claims - down to 222,000 in the week ended 12 May from 248,000 at the start of 2018 - indicates that the unemployment rate would ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 10 JUN 2016
US jobless claims It may be that the very disappointing 38K increase in US employment in May was just noise, an aberration. This is the indication given by the latest data on jobless claims. Initial jobless claims decreased to 264,000 in the week ended ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 13 MAY 2016
... down to 1.34%, down from 1.51% at the end of March, which is down from 1.71% at the end of December last year. US jobless claims Is the US labour market weakening? US jobless claims increased by 20K to 294K in the week ended 7 May. This is lower than ...

Who spooked the greenback?

BENJAMIN ONG  |  FRIDAY, 5 FEB 2016
... non-manufacturing surveys, durable goods orders, and just last night, the higher-than-expected 285K increase in jobless claims and the sharper-than-predicted 2.9% fall in new factory orders in December. Not surprisingly, Fed rhetoric has turned dovish. ...
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