• Weekly Initial Unemployment Claims decrease to 236,000

    9 days ago - By Calculated Risk

    The DOL reported :
    In the week ending December 2, the advance figure for seasonally adjusted initial claims was 236,000, a decrease of 2,000 from the previous week's unrevised level of 238,000. The 4-week moving average was 241,500, a decrease of 750 from the previous week's unrevised average of 242,250.
    Claims taking procedures continue to be disrupted in the Virgin Islands. Claims taking process in Puerto Rico has still not returned to normal.
    emphasis added The previous week was unrevised.
    The following graph shows the 4-week moving average of weekly claims since 1971.
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  • Applications for US jobless benefits drop again to 236,000

    Applications for US jobless benefits drop again to 236,000

    9 days ago - By Chron

    WASHINGTON - The number of unemployed workers filing for jobless benefits fell by 2,000 last week to 236,000, the lowest level in five weeks and further evidence of the strength in the labor market.
    The Labor Department says last week's total was the third consecutive weekly drop. The four-week average, a less volatile measure, declined 750 to 241,500.
    The number of people receiving aid fell by 52,000 to 1.91 million, remaining near a four-decade low set last month.
    Applications for unemployment benefits are a proxy for layoffs. The weekly number has been below 300,000 for close to three...
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  • Applications for US unemployment benefits post third weekly decline, falling to 236,000

    9 days ago - By Chron

    WASHINGTON - Applications for US unemployment benefits post third weekly decline, falling to 236,000.
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