Arab Today, arab today us jobless claims fall to 10month low
Last Updated : GMT 21:01:20
Arab Today, arab today
Arab Today, arab today

US jobless claims fall to 10-month low

Arab Today, arab today

Arab Today, arab today US jobless claims fall to 10-month low

London - AFP

New claims for US unemployment insurance tumbled last week to the lowest level in nearly 10 months, government data showed Thursday in a report suggesting the troubled jobs market is stabilizing. The Labor Department said the number of people filing initial claims for jobless benefits dropped by a sharp 23,000 to 381,000 in the week ending December 3. The better-than-expected claims number was the lowest since the week ending February 26. The Labor Department upwardly revised the prior week's reading by 2,000 to 404,000. The latest report appeared to confirm a downward turn in claims. The four-week moving average last week fell by 3,000 to 393,250, the lowest reading since early April. "The broader picture is now suggesting that jobless claims are beginning to head lower after a period of moving broadly sideways, consistent with the recent improvement in labor market conditions," said Michael Gapen at Barclays Capital. The unemployment rate sank to a 32-month low of 8.6 percent in November as the economy added 120,000 jobs, down from 9.0 percent in October. Sara Kline at Moody's Analytics called the new jobs claims numbers "an encouraging sign," but warned of headwinds coming from Europe, where economic growth is slowing sharply amid a eurozone debt crisis. "Firms are becoming more willing to hold onto existing workers, as renewed profitability and signs the recovery is gaining steam are supporting business confidence," she said, but the outlook has "downside risks, most notably economic worries in Europe." Kline said the world's largest economy was well-positioned to weather a mild European recession, "but a deeper contraction could create drag for the US labor market improvement."

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 us jobless claims fall to 10month low Arab Today, arab today us jobless claims fall to 10month low

 



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 fall to 10month low Arab Today, arab today us jobless claims fall to 10month low

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Egypt tourism revival steady but slow

GMT 16:04 2017 Tuesday ,19 September

Egypt tourism revival steady but slow
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today 600,000 children may flee to Bangladesh

GMT 06:49 2017 Monday ,18 September

600,000 children may flee to Bangladesh
Arab Today, arab today Equifax executives step down

GMT 16:16 2017 Saturday ,16 September

Equifax executives step down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today 5,000 'Dieselgate' deaths in Europe per year

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Renault-Nissan to launch

GMT 10:44 2017 Saturday ,16 September

Renault-Nissan to launch
Arab Today, arab today Eman Al Assy receives three offers

GMT 06:31 2017 Saturday ,16 September

Eman Al Assy receives three offers
Arab Today, arab today 'Severe' Typhoon Doksuri pounds Vietnam

GMT 15:49 2017 Friday ,15 September

'Severe' Typhoon Doksuri pounds Vietnam

GMT 11:10 2017 Friday ,15 September

Fadl Shaker retreats from surrendering himself

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 10:25 2017 Thursday ,14 September

Greece fumbled oil spill response

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:45 2017 Sunday ,17 September

France's hurricane-hit St Martin

GMT 21:57 2017 Sunday ,17 September

Russia and Iraq restore air travel

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:56 2017 Friday ,15 September

Apple's grand plan in Ireland held up by a forest

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new 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