Arab Today, arab today more seek jobless aid but trend is positive
Last Updated : GMT 12:19:39
Arab Today, arab today
Arab Today, arab today

More seek jobless aid, but trend is positive

Arab Today, arab today

Arab Today, arab today More seek jobless aid, but trend is positive

Washington - Arabstoday

The number of people seeking unemployment benefits rose last week to a seasonally adjusted 377,000, up from a nearly four-year low the previous week. But the longer-term trend is pointing to a healthier job market. Applications have trended down over the past few months. The four-week average has declined to 377,500. When applications fall consistently below 375,000, it tends to signal that hiring is strong enough to lower the unemployment rate. Some economists say the figures suggest further job gains ahead. The nation has added at least 100,000 jobs for six straight months. And the unemployment rate has declined to 8.5 per cent, its lowest in almost three years. Article continues below Business sentiment \"is now rebounding and with better bank credit availability now supporting rather than hindering businesses, claims will fall further,\" Ian Shepherdson, an economist at High Frequency Economics, said in a note to clients. Separately, orders for long-lasting manufactured goods rose as companies spent more on computers, machinery and other equipment. The Commerce Department said on Thursday that durable goods orders rose three per cent last month. The number of first-time unemployment applications rose 21,000 last week, the Labour Department said. Applications had plummeted two weeks ago to their lowest level since April 2008. The average has fallen about nine per cent since October 1. Unemployment applications have been particularly volatile this month because employers have cut temporary workers hired for the holidays. The department adjusts for seasonal trends. But doing so accurately can be difficult. But underneath all the volatility, applications have levelled off in recent weeks. Steven Wood, an economist at Insight Economics, said the longer-term trend suggests that the January jobs report, to be released this week, will show a ‘solid gain\' in hiring.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today more seek jobless aid but trend is positive Arab Today, arab today more seek jobless aid but trend is positive

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today more seek jobless aid but trend is positive Arab Today, arab today more seek jobless aid but trend is positive

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday