The number of people filing new claims for unemployment aid rose last week at the fastest pace in six months to a level not seen since March, the government reported Thursday. The Labor Department said jobless claims jumped last week by 32,000 to 360,000. It was the biggest advance since November and was in contrast to analyst expectations of a more modest increase. The four-week moving average of jobless claims, considered a better measure of labor-market trends, rose 1,250 to 339.250, a level consistent with modest hiring. Weekly claims are a gauge of layoffs. The big increase last week could mean companies are cutting more jobs, possibly because of big government spending cuts that began in March. Recent improvements in the labor market have contrasted sharply with other data, including retail sales and manufacturing, that have suggested that growth slowed late in the first quarter and that government austerity measures began to affect consumers and businesses in April.
GMT 17:19 2018 Thursday ,11 January
China factory gate inflation slows to 13-month lowGMT 17:50 2018 Wednesday ,10 January
German industrial output rebounds in NovemberGMT 17:39 2018 Wednesday ,10 January
Samsung tips record Q4 operating profit of more than $14 bnGMT 17:29 2018 Tuesday ,09 January
German industrial orders dip in NovemberGMT 15:36 2018 Thursday ,04 January
China factory activity accelerated in December: CaixinGMT 13:33 2018 Wednesday ,03 January
Turkey inflation rate eases but still stubbornly high in DecemberGMT 16:27 2018 Monday ,01 January
China manufacturing activity slows in DecemberGMT 17:36 2017 Sunday ,31 December
Spain to leave EU's deficit 'sin bin' next year: Rajoy
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor