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Computer Error Pushes Jobless Claims to Post-Recession Low
Initial claims for unemployment benefits dropped 31,000 for the week ended September 7 to a seasonally adjusted 292,000 — the lowest level reported since 2006 and a figure that indicates employers...
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Recap: Large Sell Order Halts Gold Market, Jobless Claims Not What They Seem
On Thursday, gold (NYSEARCA:GLD) futures for December — the most active contract — dropped $33.20 to close at $1,330.60 per ounce, while silver (NYSEARCA:SLV) futures plunged $1.02 to finish at...
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Thursday’s Midday Movers: 3 Stories Driving Markets
The major U.S. markets were improving Thursday thanks to a better-than-expected U.S. economic growth report. As of noon: DIJA: +0.56% to 14,907.61 S&P 500: +0.66% to 1,645.69 NASDAQ: +1.13% to...
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Precious Metals Decline on Upbeat Economic Reports
On Thursday, gold (NYSEARCA:GLD) futures for December — the most active contract — fell $5.90 to close at $1,412.90 per ounce, while silver (NYSEARCA:SLV) futures dropped 30 cents to finish at $24.14....
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Jobless Claims: Still Inflation from Government Shenanigans
First-time claims for unemployment benefits have edged up since September, thanks in part to three consecutive weeks of technical problems in California, which have caused delays in application...
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Thursday’s Midday Movers: 3 Stories Driving Markets
The major U.S. markets were trading higher on Thursday thanks to a wave of strong earnings reports. As of noon: DIJA: +0.55% to 15,498.16 S&P 500: +0.26% to 1,750.98 NASDAQ: +0.51% to 3,927.00...
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Here’s Why Workers Weren’t Scared to Quit in August
On its surface, the Department of Labor’s Job Openings and Labor Turnover Survey, or JOLTS report, showed that prospects for the American worker improved slightly in August, the most recent monthly...
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Jobless Numbers Still Suggest Sluggish Labor Market
Initial claims for unemployment benefits dipped for the third consecutive week. Department of Labor data showed that in the week ended October 26, jobless claims dropped by 10,000 to a seasonally...
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Thursday’s Midday Movers: 3 Stories Driving Markets
The major U.S. stocks were falling Thursday as investors digested more earnings reports and weighed concerns over the Federal Reserve stimulus program. As of 12 p.m.: DIJA: -0.13% to 15598.44 S&P...
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Here Is How the Job Market Is Shaking Off Political Troubles
Firings have not increased in the wake of the 16-day partial shutdown of the federal government. Unemployment data is no longer as muddled from Washington’s manufactured political crisis, meaning the...
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Jobless Claims: Trending Down But Not as Much as Hoped
Initial applications for unemployment benefits fell for the fifth consecutive week, but more Americans still filed jobless claims last week than economists expected. Data from the Department of...
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Thursday Morning Cheat Sheet: 3 Stories Moving Markets
Source: http://www.flickr.com/photos/dlajholt/ It’s Thursday, November 21, and U.S. stock futures advanced ahead of the opening bell. At 8:45 a.m., Dow futures were up 0.29 percent, S&P 500...
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Jobless Claims Drop: Market Improvement or Seasonal Noise?
Initial claims for unemployment benefits fell to a two-month in the week ended November 16 — a sign the labor market has shaken off the last of the effects of October’s partial government shutdown,...
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Thursday’s Midday Movers: 3 Stories Driving Markets
The major U.S. stocks were gaining Thursday after Janet Yellen’s nomination as the next Federal Reserve chief was approved by the Senate Banking Committee. As of 12 p.m.: DIJA: +0.61% to 15998.08...
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Precious Metals Decline on Upbeat Jobless Claims, David Einhorn Discusses Gold
On Thursday, gold (NYSEARCA:GLD) futures for December — the most active contract — fell $14.40 to close at $1,243.60 per ounce, while silver (NYSEARCA:SLV) futures declined 13 cents to finish at...
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Labor Gains: Continuing Jobless Claims Drop
In the week ended November 23, the Department of Labor reported that jobless claims — a proxy for layoffs — fell by 10,000 to 316,000 from the previous week’s revised average of 339,250. In fact, that...
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ADP: Labor Market Undeterred By Government Shutdown
November was not only the strongest month for job growth in 2013, but payroll processor ADP’s monthly National Employment report also showed that employers added workers to their payrolls at the most...
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Jobless Claims Give Labor Market No Worries
Now, the narrative of the labor market recovery appears to be one of recovery. As payroll processor ADP’s monthly National Employment Report showed, employers added 215,000 workers to their payrolls...
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Listen Up Fed: Umployment Dropped to 5-Year Low
Those economists who expected the labor market recovery to take giant steps toward the end of the year were correct. On Friday, the jobs report released by Department of Labor’s Bureau of Labor...
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Labor Market Stumbles Through the Holidays as Jobless Claims Rise
Source: http://www.flickr.com/photos/bytemarks/ Initial claims for unemployment insurance increased about as much as expected for the week ended December 14. The Department of Labor reports that...
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