Stocks slip after mixed personal income and spending data, disappointing weekly job claimsOctober 1st, 2009 Stocks open lower after jobs, income dataNEW YORK — Stocks retreated in early trading Thursday after two government reports suggested the economy is still poised for a slow recovery. The Labor Department said new claims for jobless benefits rose more than expected to 551,000, evidence that the labor market is struggling and that jobs remain scarce.
Summary Box: Housing starts, jobless claims reports signal fragile recoverySeptember 17th, 2009 Summary Box: Mixed reports on housing and jobsGOOD NEWS: Housing construction rose in August, while fewer laid-off workers sought jobless aid last week, more evidence that the recession is over. BAD NEWS: The housing gain was due solely to an increase in apartment-house building, while construction in the much-larger single-family-home segment fell for the first time in six months.
Summary Box: New jobless claims dip less than expected, weak labor market may hinder recoverySeptember 3rd, 2009 Summary Box: Jobless claims dip less than expectedJOBLESS CLAIMS ELEVATED: The Labor Department said the number of laid-off workers applying for benefits dipped to 570,000 from an upwardly revised 574,000 the previous week. The number of Americans continuing to receive benefits rose unexpectedly to 6.23 million.
Summary Box: Weak job market could dampen consumer spending and hamper recoveryAugust 21st, 2009 Summary Box: Jobless claims bad sign for recoveryWHAT HAPPENED?: New jobless claims rose for the second straight week, disappointing analysts who were expecting a drop. At the same time, an index of leading economic indicators and a regional manufacturing index rose, providing more evidence that the economy may be recovering.
New jobless claims rise unexpectedly to 558,000, while continuing claims drop to 6.2 millionAugust 13th, 2009 New jobless claims rise unexpectedly to 558,000WASHINGTON — The number of newly laid-off workers filing claims for unemployment benefits rose unexpectedly last week, while the tally of continuing claims fell. Despite the increase in new claims, they remain below peak levels above 600,000 where they were stuck for most of this year.
Stocks turn lower in early trading after weak retail sales, jobs reportsAugust 13th, 2009 Stocks edge lower after jobs, retail dataNEW YORK — Stocks turned lower in early trading Thursday as disappointing reports on jobs and retail sales deflated some of investors' optimism about the economy. Investors sent the major indexes slightly higher at the opening, but stocks failed to hold on to the gains and extend Wednesday's big rally, which followed upbeat comments from the Federal Reserve.
Stocks open moderately higher after better-than-expected weekly jobless claims reportAugust 6th, 2009 Stocks open higher after jobless claims reportNEW YORK — New evidence that layoffs are stabilizing is helping to lift stocks in early trading. The Labor Department said Thursday that new claims for unemployment benefits fell to a seasonally adjusted 550,000 last week from an upwardly revised figure of 588,000 in the previous week.
Summary Box: Jobless claims drop in positive sign for economyAugust 6th, 2009 Summary Box: Jobless claims drop as layoffs slowWHAT HAPPENED: The government said Thursday that initial jobless claims fell to 550,000 last week from 588,000 the previous week. While still high, new claims have dropped by about 50,000 in the past month.
Initial jobless claims and continuing claims fall, evidence that layoffs are easingJuly 2nd, 2009 Initial and continuing jobless claims fallWASHINGTON — The government says the number of newly laid-off workers filing for unemployment insurance dropped last week, a sign job cuts are easing. The Labor Department said Thursday that initial jobless benefit claims fell by 16,000 to a seasonally adjusted 614,000.
US stocks set for lower open after Fed statement; investors await GDP, jobless claimsJune 25th, 2009 Stock futures slip before GDP, jobless claims dataNEW YORK — Investors are looking for more evidence of a recovery after the Federal Reserve's vote of confidence in the economy. Stock futures were narrowly mixed early Thursday, indicating a flat open on Wall Street, ahead of the government's final reading on first-quarter gross domestic product and data on last week's unemployment claims.
US stocks futures fall after surprise increase in last week's jobless claimsJune 25th, 2009 Stock futures decline after rise in jobless claimsNEW YORK — An unexpected rise in jobless claims is causing investors to sell again. A day after the Federal Reserve expressed confidence in the economy, the government said new jobless claims rose by 15,000 to 627,000 last week.
Summary Box: Jobless claims dip, but unemployment rate expected to keep risingJune 4th, 2009 Summary Box: Jobless claims dip, but work scarceJOBLESS CLAIMS EASE: The number of newly laid-off workers filing initial claims for unemployment insurance fell Thursday, and so did the total number of people on the jobless benefit rolls. JOBS STILL SCARCE: Still, the drops were small and there is little indication companies are hiring.
Stocks trade in tight range after surprise drop in continued jobless claims; retail sales dataJune 4th, 2009 Stocks mixed after data on jobs, retail salesNEW YORK — Cautious traders are looking for more than just any sign of improvement in the economy. Stocks zigzagged in a narrow range Thursday after the number of unemployed workers continuing to receive benefits unexpectedly dropped for the first time in 20 weeks.
Treasury prices mixed after decline in jobless claims, drop in personal spendingApril 30th, 2009 Treasurys mixed after data on jobless claimsNEW YORK — Treasurys ended mixed Thursday after data showed a surprise decline in jobless claims but also a drop in personal spending. In a positive sign for the economy, the Labor Department said initial jobless claims fell by 14,000 last week to 631,000.
Stock futures pull of of highs as weekly unemployment claims rise more than expectedApril 23rd, 2009 Rise in jobless claims weighs on stock futuresNEW YORK — Stocks futures are weakening after weekly unemployment claims rose more than expected. The Labor Department reported Thursday that new jobless claims rose to 640,000 last week.
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