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Jobless claims subside in mid-September despite disruptions caused by hurricanes

The unemployment rate recently hit a 16-year low of 4.3%, job openings are at a record and companies are hiring at a steady clip. Still, economists had expected claims to top 300,000 for the first time since early 2015 because of all the people temporarily ... read more

Jobless Claims Continue To Amaze

Given the scope of the damage from Hurricane Irma that seems low, but we will see if these readings increase in the coming weeks. While claims fell on a week/week basis, the four-week moving average still increased by 6K to 268.75K for its third straight ... read more

What Do September Jobless Claims Mean for Autos?

As you can see in the above chart, the four-week moving average for jobless claims is still on a downward trajectory. Despite the recent rise, it was at 263,250—near a 44-year low. One week is a short period of time to analyze the existing trend in the data. read more

U.S. Jobless Claims Fell Despite Recent Hurricanes

Jobless claims data are typically volatile, but the Labor Department's more-stable, four-week seasonally adjusted moving average was 268,750 last week, up from the previous week. That's somewhat elevated from a month earlier, but still historically low. read more

Jobless Claims Fall, But Remain Elevated Due to Hurricanes

Initial jobless claims fell in the latest week, but still remained higher than normal due to the impact ... return to “normal”, we will see claims dip back down to the low-end of the range once again. The fundamentals in the labor market remain strong. read more

Rise In Jobless Claims Surprises No One (Except Economists)

Heading into this week's report, the consensus forecast for the print was an absurdly low level ... increase in jobless claims that was expected by just about everyone else? Looking on the bright side of this week's report, claims did still manage to ... read more

US weekly jobless claims total 298,000, vs 241,000 claims expected

Initial claims for benefits soared by 62,000 to a seasonally adjusted 298,000 for the week ended Sept. 2, the highest level since April 2015, the Labor Department said on Thursday. The number of Americans filing for unemployment benefits jumped to a more ... read more

U.S. jobless benefit applications fell by 14,000 last week

The previous week’s increase of 62,000 had pushed claims to the highest ... s average monthly gain but still enough to lower the unemployment rate over time. Unemployment in August stood at 4.4 percent, near a 16-year low. read more

PRECIOUS-Gold hits 3-week low; Fed rate hike outlook weighs

The U.S. Federal Reserve left interest rates unchanged on Wednesday but signaled it still expects one more increase by the end of the year despite a recent bout of low inflation ... 1230 U.S. Weekly jobless claims 1230 U.S. Philly Fed business index ... read more

South Africa's rand flat near 3-week low ahead of current account data

At 0630 GMT the rand traded 0.02 percent weaker at 13.1500 per dollar, still near its lowest level in three weeks ... The United States will publish inflation and jobless claims data on Thursday while the Bank of England meets. Investors will eye these ... read more