• Home
  • News
    • Newsfeed
  • Business
  • Food
    • Restaurants
  • Ireland
  • USA
  • UK
  • South Africa

JobnSpire

Career Inspiration

Jobless claims rise in US

April 25, 2014 By jobadmin Leave a Comment

jobs usa

The number of Americans filing new claims for unemployment benefits increased more than expected last week, but the rise probably does not suggest a shift in labor market conditions as the underlying trend continued to point to strength.

Initial claims for state unemployment benefits rose 24,000 to a seasonally adjusted 329,000 for the week ended April 19, the Labor Department said on Thursday.

Claims for the week ended April 12 were revised to show 1,000 more applications received than previously reported.

Economists polled by Reuters had forecast first-time applications for jobless benefits rising to 310,000.

The increase probably reflects difficulties adjusting the data for seasonal fluctuations given a late Easter this year and the timing of school spring breaks.

The four-week moving average for new claims, considered a better measure of underlying labor market conditions as it irons out week-to-week volatility, rose only 4,750 to 316,750. That was not too far from pre-recession levels.

A Labor Department analyst said no states were estimated and there were no special factors influencing the state level data.

The claims report showed the number of people still receiving benefits after an initial week of aid fell 61,000 to 2.68 million in the week ended April 12, the lowest level since December 2007. The so-called continuing claims covered the household survey week from which the unemployment rate is calculated.

Continuing claims fell between the March and April survey periods, a good omen for the jobless rate. The unemployment rate was at 6.7 percent in March

article via Reuters

Related Posts

  • US Unemployment claims downUS Unemployment claims down
  • NDP places focus on economic growthNDP places focus on economic growth
  • US unemployment claims fallUS unemployment claims fall
  • Partnerships break chains of unemploymentPartnerships break chains of unemployment

Filed Under: Featured, News, USA Tagged With: jobs, unemployment, USA

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Sharing

Facebooktwitterredditpinterestlinkedinmail

Partner Sites

  • AllnSpire

Recent Posts

  • DeepHow Raises Funding to Bridge the Skills Gap
  • Workation, new Working Trend in Sweden
  • Croatia, Your New Office
  • Brits Work Remotely in the Canary Islands
  • Pandemic Opens Potential of Working Remotely
  • SAPS processing 530 000 trainee applications
  • Zuks Ramasia, from flight attendant to Acting CEO
  • Youth should consider tourism as a career
  • Adopt a TVET college, create opportunities
  • Industrial parks, jobs boost

Tags

agenda Amendment Amplats Artisan bill boost Calls Create creation curb development economy employment empowerment engineering farmers farmworkers Govt Growth increase Ireland Job Creation jobs labour meet mining More must Programme project public Recruitment sector skills south africa strike talks Transnet unemployed unemployment wage women work workers youth
March 2023
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    

Categories

RSS GlobalBuzz

  • Evacuation flights resume from Kabul
  • SPAR committed to a positive role in South Africa
  • Pfizer experimental COVID-19 vaccine
  • Athletes offered grants
  • Corona Virus information

RSS GlobalBuzz SA

  • Henri Schoeman wins at Arena Games Sursee
  • Chesang, Khatala and Xaba return to Gqeberha
  • Kibet set for GQEBERHA 10K debut
  • Mokoka Wins Third Sanlam Cape Town Marathon
  • The Fort Nottingham Highland Gathering

RSS Teach-the-Brain

  • The reasons for school closure
  • Learners benefit from wellness mobile units
  • Auction to boost Bright Start
  • ECD centres commitment
  • Africa’s biggest Asset is its Game

Copyright © 2023 · JobnSpire · Privacy Policy · Powered by DMG-projects · DMG-network partner · Log in