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Fed Eyes Maximum Employed and Jobless Claims Jump
Source: Thinkstock Americans filed more initial applications for unemployment benefits last week, but still claims data remains “extremely encouraging,” High Frequency Economics chief U.S. economist...
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Jobless Claims Make Steady Progress, But Nothing More
Source: Thinkstock What is clear is that initial claims for unemployment benefits — which serve as a proxy for layoffs — paint a picture of a strengthening and resilient labor market. If initial...
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5 Charts to Explain Labor Market Health
Source: Bytemarks / Flickr Last week, initial applications for unemployment benefits ticked higher; it was not a large increase, but nevertheless is was reminder that while the labor market is indeed...
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Jobs, Hiring, and Layoffs: Where Does the Labor Market Stand?
Source: Thinkstock Initial applications for unemployment benefits fell close to a seven-year low last week; the last time initial claims were this low was before the start of the Great Recession, on...
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Consumer Sentiment Hits Highest Level Since July 2013
Source: Thinkstock Despite the economy and labor market remaining sluggish at best, consumer sentiment improved to its best level in nine months. According to Thomson Reuters/University of Michigan’s...
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Labor Market Steps Forward: Wages Grow and Jobless Claims Drop
Source: Bytemarks / Flickr Initial applications for unemployment benefits are trending near pre-recession lows. In the week ended April 5, Department of Labor data show jobless claims fell close to a...
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Here’s Why the Labor Market Should Brush Off This Jobless Claims Jump
Source: Bytemarks / Flickr For the second consecutive week, the labor market has been handed evidence that layoffs have been increasing. Data released by the Department of Labor on Thursday shows that...
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3 Charts Explaining the Health of the U.S. Economy
Initial applications for unemployment benefits unexpectedly climbed to nine-week high of 344,000 in the week ended April 26 — a concerning sign for an economy expecting headline employment numbers to...
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Jobless Rate Falls to 5-Year Low, Helped By Discouraged Workers
Source: Thinkstock The headline numbers from the Department of Labor’s April Employment Situation Report, released Friday, are staggering, beating economists’ expectations handily. Last month, the...
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Democrats and GOP Blame Each Other for Weak Job Market: Who’s Right?
Source: http://www.flickr.com/photos/donkeyhotey/ Friday’s April Employment Situation Report from the Department of Labor contained some surprises; the headline numbers were staggering and handily...
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Jobless Claims Hit 7-Year Low, But Manufacturing Data Spooks Market
Markets were handed a plethora of economic data Thursday morning, including that last winter’s exceptionally cold weather had an undeniable impact on first-quarter gross domestic product; consumers...
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Labor Market Progress Is Anything But Dramatic; Here’s Why
Source: Thinkstock Last week, Americans filed the fewest number of first-time applications for unemployment benefits in seven years, meaning the last time jobless claims — and by association, emerging...
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Job Market Inches Forward, GDP Falls: Where Is Economic Growth Headed?
Source: Thinkstock Together, the two major economic reports released by the federal government Thursday — the Department of Commerce’s revised estimate of first-quarter gross domestic product growth...
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The Unemployment Rate Likely Jumped in May, and That’s OK
Economists expect that job creation slowed last month, and with that loss of momentum, the unemployment rate will also likely tick upward. But this is not necessarily cause for alarm. The headline...
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3 Charts to Prepare for Friday’s Jobs Report
Source: Bytemarks / Flickr Hiring typically increases in the spring and the summer months. In April, the headline numbers from the Department of Labor’s Employment Situation Report were staggering,...
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Is the Job Market Really Back to Its 2008 Peak?
Predictions were off. May hiring did not slow as much as forecast and, contrary to expectations, the unemployment rate did not budge from April’s 6.3 percent. The Department of Labor’s Employment...
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Jobless Claims Rise, But Is the Economy Doing Better Than You Think?
Source: Thinkstock With the release of the Department of Labor’s May Employment Situation Report, another month of labor market progress was put on display. The data tell the story of an economy and a...
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Jobless Claims: Is No News, Good News?
Source: Thinkstock Jobless claims — which serve as a proxy for layoffs — highlight the fact that emerging unemployment is returning to acceptable levels. Or, in other words, fewer Americans are being...
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Decreasing Jobless Claims: Good News or Just Not Bad News?
Source: Thinkstock Continuing a well-established trend, fewer Americans filed applications for unemployment benefits last week, according to the Thursday report compiled by the Department of Labor....
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Here’s Why the Labor Market’s Baby Steps Made Investors Cheer
In many ways, the Department of Labor’s June Employment Situation Report was proof that the underlying trends in the U.S. labor market are strengthening. It is an indisputable fact that the 288,000...
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