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.
Stocks trade in narrow range after jobless claims dip, housing starts riseSeptember 17th, 2009 Stocks zigzag as jobless claims dipNEW YORK — Stocks zigzagged in tight range early Thursday after the government said weekly jobless claims dipped unexpectedly and housing starts grew at a slightly slower pace than anticipated. Major indexes have risen this week on signs the economy is recovering and exiting a long-running recession.
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: July unemployment rises in 44 percent of metro areas, was 90 percent in JuneSeptember 1st, 2009 Summary Box: Metro jobless rates improve in JulyGLASS HALF-FULL: About 44 percent of the nation's 380 largest metro areas saw their unemployment rates rise in July, a sharp improvement from June, when more than 90 percent reported an increase. Another 44 percent saw their rates drop.
First-time jobless claims, total benefit rolls fall as companies lay off fewer workersAugust 27th, 2009 New jobless claims and total benefit rolls dropWASHINGTON — The government says the number of newly laid-off workers filing claims for jobless benefits dropped last week, and the number of people remaining on the rolls also fell, evidence that layoffs have eased. Still, both figures remain above levels associated with a healthy economy, and analysts expect the unemployment rate to keep rising.
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.
Summary Box: Retail sales drop unexpectedly as consumers keep wallets closedAugust 13th, 2009 Summary Box: Unexpected drop in retail salesWHAT HAPPENED?: Retail sales fell unexpectedly in July, while first-time claims for jobless benefits rose slightly last week. The reports raised concerns about the ability of consumers to fuel a broad economic recovery.
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.
Stocks open lower after surprise increase in last week's jobless claimsJune 25th, 2009 Stocks open lower 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.
New jobless claims rise unexpectedly; economy sinks less than expected in first quarterJune 25th, 2009 Jobless claims rise; GDP dips at lower pace in 1QWASHINGTON — Despite persistent layoffs, the economy seems to be faring better than it was at the start of the year. The Labor Department said Thursday that new jobless claims jumped unexpectedly last week.
Summary Box: Layoffs slow, but jobless rate rises to 9.4 percent and will move higherJune 6th, 2009 Summary Box: Layoffs slow as recession easesJOB CUTS SLOW: Employers cut 345,000 jobs last month, the fewest since September and the fourth straight month that the pace of layoffs slowed. UNEMPLOYMENT RATE RISES: The jobless rate rose to 9.4 percent, from 8.9 percent in April.
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.
New jobless claims unexpectedly plunge to 601,000; lowest level since JanuaryMay 8th, 2009 New jobless claims unexpectedly plunge to 601KWASHINGTON — New applications for jobless benefits plunged to the lowest level in 14 weeks, a possible sign that the massive wave of layoffs has peaked. Still, the number of unemployed workers getting benefits climbed to a new record.
New jobless claims unexpectedly plunge to 601,000; lowest level since JanuaryMay 8th, 2009 New jobless claims unexpectedly plunge to 601,000WASHINGTON — New applications for jobless benefits plunged to the lowest level in 14 weeks, a possible sign that the massive wave of layoffs has peaked. Still, the number of unemployed workers getting benefits climbed to a new record.
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