US Unemployment Claims
Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy;
This is the nation's earliest economic data. The market impact fluctuates from week to week - there tends to be more focus on the release when traders need to diagnose recent developments, or when the reading is at extremes;
- US Unemployment Claims Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| Oct 3, 2024 | 225K | 222K | 219K |
| Sep 26, 2024 | 218K | 224K | 222K |
| Sep 19, 2024 | 219K | 230K | 231K |
| Sep 12, 2024 | 230K | 227K | 228K |
| Sep 5, 2024 | 227K | 231K | 232K |
| Aug 29, 2024 | 231K | 232K | 233K |
| Aug 22, 2024 | 232K | 232K | 228K |
| Aug 15, 2024 | 227K | 236K | 234K |
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- US Unemployment Claims News
From dol.gov|Oct 3, 2024|3 commentsIn the week ending September 28, the advance figure for seasonally adjusted initial claims was 225,000, an increase of 6,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 218,000 to 219,000. The 4-week moving average was 224,250, a decrease of 750 from the previous week's revised average. The previous week's average was revised up by 250 from 224,750 to 225,000. The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending September 21, unchanged from ...
From zerohedge.com|Oct 2, 2024|5 commentsUS markets chopped around today after yesterday’s risk off tape as Geopolitics remain the focus, and while Chinese stocks rallied, Goldman Sachs trading desk noted that for the first time in a week they're seeing more balance in their China flows: "Seeing both HF and LO sell tickets today across the complex." Certainly didn't slow the upward trajectory for now (remember China is closed for Golden Week)... chart On the US side, things were quieter... Small Caps lagged, Nasdaq led the gains but the majors traded in a narrow range ...
From econoday.com|Sep 27, 2024At the close of the third quarter 2024, all eyes will be on the employment report for September at 8:30 ET on Friday, October 4. The strike at Boeing which began on September 13 will not affect the September payrolls data in the BLS numbers. Workers were on payroll for most of the reference period which ended on Saturday, September 14. If the strike is not over by October 12, the 33,000 workers will then be deducted from manufacturing payrolls until the strike is settled. Where the strike is likely to be visible is in the initial ...
- From dol.gov|Sep 26, 2024|2 comments
In the week ending September 21, the advance figure for seasonally adjusted initial claims was 218,000, a decrease of 4,000 from the previous week's revised level. The previous week's level was revised up by 3,000 from 219,000 to 222,000. The 4-week moving average was 224,750, a decrease of 3,500 from the previous week's revised average. The previous week's average was revised up by 750 from 227,500 to 228,250. The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending September 14, unchanged from ...
From youtube.com/cmegroup|Sep 25, 2024Gold reaches all-time high. Phillip Streible has the data.
From pbs.org|Sep 19, 2024The number of Americans applying for unemployment benefits fell to their lowest level in four months last week. Jobless claims slid by 12,000, to 219,000, for the week of Sept. 14, the Labor Department reported Thursday. That’s fewer than economists’ expectations for 230,000 new filings. Weekly filings for unemployment benefits, considered largely representative of layoffs, had risen moderately since May before this week’s decline. Though still at historically healthy levels, the recent increase signaled that high interest rates may ...
- From dol.gov|Sep 19, 2024|4 comments
In the week ending September 14, the advance figure for seasonally adjusted initial claims was 219,000, a decrease of 12,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 230,000 to 231,000. The 4-week moving average was 227,500, a decrease of 3,500 from the previous week's revised average. The previous week's average was revised up by 250 from 230,750 to 231,000. The advance seasonally adjusted insured unemployment rate was 1.2 percent for the week ending September 7, unchanged from ...
From abcnews.go.com|Sep 12, 2024Slightly more Americans filed for unemployment benefits last week, but layoffs remain at historically low levels despite two years of elevated interest rates. Jobless claims rose by 2,000 to 230,000 for the week of Sept. 7, the Labor Department reported Thursday. That number matches the number of new filings that economists projected. The four-week average of claims, which smooths out some of week-to-week volatility, ticked up by 500, to 230,750. The total number of Americans collecting jobless benefits rose by a modest 5,000, ...
| Released on Oct 3, 2024 |
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| Released on Sep 26, 2024 |
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| Released on Sep 19, 2024 |
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| Released on Sep 12, 2024 |
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