us weekly jobless claims fall to 2 month low
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

US weekly jobless claims fall to 2 month low

Arab Today, arab today

Arab Today, arab today US weekly jobless claims fall to 2 month low

Washington - AFP

First-time claims for US unemployment benefits fell last week to their lowest level in two months as the recovery in the jobs market grinds forward, government data released Thursday showed. Initial jobless claims, an indicator of the pace of layoffs, fell to 323,000 in the week ending November 16, from an upwardly revised 344,000 in the prior week, the Labor Department said. The new data bettered analysts' consensus estimate of 333,000 claims. It was the lowest reading since the last week in September, when new jobless claims fell to 308,000 ahead of the October 1-16 government shutdown that furloughed hundreds of thousands of federal workers. The four-week moving average, which helps iron out week-over-week volatility, fell by 6,750 to 338,500. "This is a welcome result, putting claims back to the levels seen before the government shutdown and California systems upgrade distortions," said Ian Shepherdson of Pantheon Macroeconomics. Shepherdson warned that the data over the next couple of weeks could be distorted because of the Thanksgiving Day holiday on November 28. "Still, if claims can remain at this week's level it would be easier to believe in the idea that the labor market really is stirring and that payroll growth could break out to the upside," he said. The US economy added a surprisingly strong number of jobs in October -- 204,000 -- but the unemployment rate ticked up to 7.3 percent from 7.2 percent in September. Coupled with revisions that added 60,000 net new jobs to the previous two months' numbers, the figure suggested the economy is healthier than many believed.

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*

us weekly jobless claims fall to 2 month low us weekly jobless claims fall to 2 month 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*

us weekly jobless claims fall to 2 month low us weekly jobless claims fall to 2 month low

 



GMT 10:06 2012 Saturday ,28 July

Querrey advances at ATP LA Open

GMT 21:15 2017 Thursday ,01 June

Trump condemns deadly Kabul explosion

GMT 02:15 2017 Thursday ,24 August

Is your country on the Qatar free entry list of 80?

GMT 19:48 2016 Monday ,03 October

Controversial boxing champ Tyson Fury retires

GMT 08:20 2015 Tuesday ,08 December

PC market woes show no sign of easing

GMT 17:27 2017 Tuesday ,25 April

20 Yemeni soldiers killed, injured in explosion

GMT 11:52 2017 Saturday ,30 December

OIC condemns Mar Mina Church attack

GMT 00:03 2017 Saturday ,25 March

Arab Meeting to Examine Anti-Corruption Methods

GMT 13:12 2017 Thursday ,20 April

Deputy premier meets Arab League chief

GMT 14:13 2014 Friday ,10 January

Opel Astra GTC

GMT 18:27 2016 Tuesday ,02 August

Turkish Foreign Minister arrives in Islamabad

GMT 11:27 2016 Tuesday ,13 December

Saudi woman arrested for challenging social norms
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

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday