Arab Today, arab today us jobless claims dive to lowest since april
Last Updated : GMT 00:23:52
Arab Today, arab today
Arab Today, arab today

US jobless claims dive to lowest since April

Arab Today, arab today

Arab Today, arab today US jobless claims dive to lowest since April

Washington - AFP

New claims for US unemployment benefits fell sharply last week, hitting their lowest level in nearly four months, official data showed Thursday. Initial jobless claims totaled a seasonally adjusted 398,000 in the week ending July 23, the Labor Department said in a report offering some hope of stabilization in the troubled job market. It was the first time claims had fallen below the threshold of 400,000 since the week ending April 2. Claims fell by 24,000 from the prior week\'s upwardly revised 422,000, and were much better than the average analyst forecast of 415,000 claims. The drop drove the four-week moving average lower to 413,750. \"Claims dropped to their lowest since early April, though this is not necessarily a sign that the labor market is back on the right track,\" said Andrew Gledhill at Moody\'s Analytics. Gledhill pointed to \"notorious\" volatility in July numbers, with seasonal factors such as short-term plant shutdowns, particularly in the auto industry. \"However, should initial claims hold below 400,000 in August and beyond, this would be a positive signal that the labor (market) is turning around after several months of subpar performance.\" A sluggish US economy has left employers reluctant to hire and the unemployment rate rose to 9.2 percent in June. The Labor Department noted that for the first time this month the weekly number had not been impacted by claims from Minnesota employees affected by a state government shutdown.

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 us jobless claims dive to lowest since april Arab Today, arab today us jobless claims dive to lowest since april

 



Arab Today, arab today
Arab Today, arab today Heart of Turkish Riviera is Alluring Seaside Escape

GMT 11:11 2017 Tuesday ,28 March

Heart of Turkish Riviera is Alluring Seaside Escape
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Turkey says ends its military operation

GMT 07:53 2017 Thursday ,30 March

Turkey says ends its military operation
Arab Today, arab today Wadih al-Azzazi calls for activating news coverage

GMT 19:29 2017 Thursday ,30 March

Wadih al-Azzazi calls for activating news coverage
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Disaster costs nearly double to $175bn

GMT 10:42 2017 Tuesday ,28 March

Disaster costs nearly double to $175bn
Arab Today, arab today Campaign fights sexual harassment in Egypt

GMT 11:14 2017 Tuesday ,28 March

Campaign fights sexual harassment in Egypt
Arab Today, arab today 'Underwater wasteland' worries

GMT 10:32 2017 Thursday ,30 March

'Underwater wasteland' worries
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Mercedes, VW recall million vehicles in China

GMT 09:16 2017 Wednesday ,29 March

Mercedes, VW recall million vehicles in China
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Singer Rowida Attiya will issue a new song

GMT 07:38 2017 Tuesday ,28 March

Singer Rowida Attiya will issue a new song
Arab Today, arab today Trump moves to roll back Obama climate measures

GMT 08:39 2017 Wednesday ,29 March

Trump moves to roll back Obama climate measures

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 09:28 2017 Tuesday ,28 March

Trump poised to roll back climate protections

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 07:50 2017 Thursday ,30 March

Breaking trans barriers one barbell

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
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