The number of Americans filing new claims for unemployment benefits dropped for a second straight week last week, unwinding some of the surge related to Hurricane Sandy, which has muddled the labor market picture. Initial claims dropped 23,000 to a seasonally adjusted 393,000.
The number of Americans filing new claims for jobless benefits surged by 78,000 to a seasonally adjusted 439,000 last week, a 1.5-year high and a sign that superstorm Sandy dented the U.S. economy by leaving tens of thousands of people out of work.
Initial claims for state unemployment benefits dropped 8,000 to a seasonally adjusted 355,000, the Labor Department said on Thursday. The report is a sign the labor market's slow recovery is gaining traction, although Hurricane Sandy's impact on the Northeast may have distorted the data.
The number of Americans filing new claims for unemployment benefits fell last week, a sign the labor market's slow recovery was gaining traction. Initial claims for state unemployment benefits dropped 9,000 to a seasonally adjusted 363,000, below the median forecast in a Reuters poll of 370,000.
The number of Americans filing new claims for unemployment benefits fell last week, giving a clearer sign that the labor market is healing after wild fluctuations in claims data at the beginning of the month.
The number of Americans filing new claims for unemployment benefits fell last week, giving a clearer sign that the labor market is healing after wild fluctuations in claims data at the beginning of the month.
The number of Americans filing new claims for unemployment benefits rose 46,000 last week to a seasonally adjusted 388,000, reversing a sharp decline in the prior week but still pointing to a labor market that is slowly healing.
The number of Americans filing new claims for unemployment benefits fell sharply last week to the lowest level in more than four and a half years, according to government data on Thursday that suggested improvement in the labor market.
The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, even as more Americans come back into the labor force to resume the hunt for work.
After several weeks of lackluster showings, theaters were busy last weekend. Sony's Hotel Transylvania rang up $43 million in ticket sales, making it the largest September opening -- ever. The industry hopes to keep it going this weekend, relying on familiar franchises.
No one was expecting good news out of Hewlett-Packard's analyst day on Wednesday, but few imagined the leading PC maker would dramatically slash its near-term guidance. CEO Meg Whitman stunned investors, forecasting profitability to drop in the fiscal year that begins next month.
The number of Americans filing new claims for jobless benefits fell last week to the lowest level in two months, a hopeful sign for a labor market that has struggled to gain traction in recent months.
The number of Americans seeking unemployment benefits jumped to the highest level in two months, although the figures were skewed in part by Hurricane Isaac. Applications increased by 15,000 to a seasonally adjusted 382,000, the Labor Department said Thursday. That's up from 367,000 the previous week.
The number of Americans filing new claims for jobless benefits fell last week to its lowest level in a month, an upbeat signal for a labor market that has struggled to create enough jobs.
The number of Americans filing new claims for jobless benefits was unchanged last week, pointing to a labor market that was treading water.