InvestorsHub Logo
Followers 1115
Posts 119140
Boards Moderated 3
Alias Born 03/27/2007

Re: uranium-pinto-beans post# 198178

Thursday, 04/17/2014 8:46:23 AM

Thursday, April 17, 2014 8:46:23 AM

Post# of 365680
The number of people who applied for unemployment-insurance benefits ticked up by 2,000 to 304,000 in the week that ended April 12 , a slight increase from the lowest level since 2007, signaling that employers are maintaining a slow pace of layoffs, according to government data released Thursday. Economists polled by MarketWatch had expected claims to total a seasonally adjusted 315,000 in the latest weekly data. The average of new claims over the past month dropped by 4,750 to 312,000, hitting the lowest level since October 2007 , just two months before the recession began. Trends for the monthly average are smoother than the jumpy week-to-week data. Also Thursday, the U.S. Labor Department reported that continuing claims decreased by 11,000 to a seasonally adjusted 2.74 million in the week ended April 5 , hitting the lowest level since December 2007 . Continuing claims reflect the number of people already receiving benefits. The four-week average of these continuing claims fell 32,500 to 2.79 million, the lowest since January 2008 .

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.