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Actual | Forecast | Previous | Revised Form | |
| 457K | 456K | 462K | N/A | ||
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For Week Ending March 13th
4-Week M.A. (Mar 13): 471.2K, pr. 475.5K, 470.7K, 473.7K,
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| 1/14 | 1/21 | 1/28 | 2/4 | 2/11 | 2/18 | 2/25 | 3/4 | 3/11 | 3/18 | ||
| Actual | 444K | 482K | 470K | 480K | 440K | 473K | 496K | 469K | 462K | 457K | |
| Forecast | 438K | 441K | 451K | 460K | 458K | 443K | 466K | 474K | 453K | 456K | |
| Previous | 434K | 444K | 478K | 472K | 480K | 442K | 473K | 498K | 468K | 462K | |
| Revised From | N/A | N/A | 482K | 470K | N/A | 440K | N/A | 496K | 469K | N/A | |
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Actual | Forecast | Previous | Revised Form | |
| 462K | 453K | 468K | 469K | ||
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For Week Ending March 6th
4-Week M.A. (Mar 6): 475.5K, pr. 470.7K, 473.7K, 467.5K,
The number of Americans filing for unemployment benefits declined by 6K to 462K for the week ending March 6th. It was the second weekly drop in a row and can be a sign that the climb in weekly claims seen the past two months may be arresting. The rise in January and February can be attributed to some temporary factors, including very strong winter weather in the country. For the economy to post positive job growth jobless claims have to continue their downtrend that started in March. The total number of people receiving unemployment benefits for the week ended February 27th rose to 4.56M from 4.52M. The prior week's 4.52M was the lowest since January 2009. Also the continuing claims figure does not include the number of Americans receiving extended benefits under federal programs, which declined. |
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Actual | Forecast | Previous | Revised Form | |
| 469K | 474K | 498K | 496K | ||
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For Week Ending February 27th
4-Week M.A. (Feb 27): pr. 473.7K, 467.5K, 468.5K, 468.7K,
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Actual | Forecast | Previous | Revised Form | |
| 496K | 466K | 473K | N/A | ||
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For Week Ending February 20th
4-Week M.A. (Feb 20): 473.7K, pr. 467.5K, 468.5K, 468.7K,
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Actual | Forecast | Previous | Revised Form | |
| 473K | 443K | 442K | 440K | ||
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For Week Ending February 13th
4-Week M.A. (Feb 13): 467.5K, pr. 468.5K, 468.7K, 456.2K,
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Actual | Forecast | Previous | Revised Form | |
| 440K | 458K | 480K | N/A | ||
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For Week Ending February 6th
4-Week M.A. (Feb 6): 468.5K, pr. 468.7K, 456.2K, 448.2K,
Weekly jobless claims for the week ended February 6th came in much better than expected. New claims fell by 43K to 440K. That was a much larger drop than anticipated and is a welcome sign for the indicator after it has been climbing higher the past several weeks. Also, the number of continuing claims, those drawn by workeres collecing benefits for more than one week in the week ended January 30th, dipped by 79K to 4.538M, the lowest level in one year. The data helped the greenback to extends gains against the Euro. If the labor market begins to make strides and begins to post positive job growth it will take away one of the factors keeping the Fed from beginning its tightenting campaign. Fed Chairman Bernanke already outlined steps he and the Fed will take in order to begin draining the excess liquidity in the financial system. |
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Actual | Forecast | Previous | Revised Form | |
| 480K | 460K | 472K | 470K | ||
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For Week Ending January 30th
4-Week M.A. (Jan 30): 468.7K, pr. 456.2K, 448.2K, 440.7K,
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Actual | Forecast | Previous | Revised Form | |
| 470K | 451K | 478K | 482K | ||
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For Week Ending January 23rd
4-Week M.A. (Jan 23): 456.2K, pr. 448.2K, 440.7K, 450.2K, 467.5K,
While jobless claims declined by 8K for the week ending January 23rd, expectations had been for a larger drop. Meanwhile, the total number of people receiving unemployment insurance dropped to the lowest level in a year, and those receiving extended benefits also fell. While the pace of job losses has slowed in recent months to a level that is close to flat, firms are not necessarily hiring enough new staff for the economy to gain jobs. Companies are waiting till sales pick up, and with the unemployment rate hovering at 10%, consumer spending is likely to be constrained for the time being. Still, today's durable goods data shows that companies, for the second straight month, increased their capital spending a sign that they are becoming more confident and that can be a good sign that they will begin to add to their payrolls. |
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Actual | Forecast | Previous | Revised Form | |
| 482K | 441K | 444K | N/A | ||
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For Week Ending January 16th
4-Week M.A. (Jan 16): 448.2K, pr. 440.7K, 450.2K, 467.5K, 473K,
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Actual | Forecast | Previous | Revised Form | |
| 444K | 438K | 434K | N/A | ||
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For Week Ending January 9th
4-Week M.A. (Jan 9): 440.7K, pr. 450.2K, 467.5K, pr. 473K, 481.5K,
US jobless claims rose 11K for the week ended January 9th, but the four-week moving average of claims which smooths out the volatility of the headline figure continued to decline, hitting its lowest since August 2008 at 440K. The data means that companies are making fewer job cuts as the economy begins to improve. The number of continuing claims saw another rather steep decline, sliding 211K to 4.6 million in the week ended January 2nd. That was the lowest figure since January 10th, 2009, and is about half a million less than where this figure was one month ago. The situation in the US labor market is improving, but the rosier forecasts that may have come about as a result of the November farm-roll payroll report are now being tempered following Decembers weaker-than-expected monthly jobs report. |
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