Weekly jobless claims are getting worse and worse. At this rate we’ll be above 500,000 per week again very soon. The weekly jobless claims reported by the Labor Department rose by an adjusted 2,000 to 484,000. The prior week was revised higher to 482,000 versus the initial 479,000 reported. Bloomberg had consensus estimates of 460,000 [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Posts Tagged weekly-jobless
The weekly jobless claims from the Labor Department was roughly in-line with expectations as the rate came to an adjusted drop of 3,000 jobless claims to 456,000. The reading from a weak ago was revised to 459,000 versus a prior figure of 453,000. The four-week average rose by 2,500 to 463,000.
The weekly jobless claims are out from the Labor Department and the results are not as bad as the week before. They are not exactly solid yet either. The claims figure fell by a revised 14,000 figure to 460,000 for the week. Bloomberg had a consensus figure of 450,000 for this morning. The problem is [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Top Analyst Upgrades and Downgrades (BP, CKR, CSX, FWLT, FLR, GME, HES, PNRA, MCD, MSFT, UNP)
May 27
These are some of this morning’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday: BP plc (NYSE: BP) Raised to Outperform at Oppenheimer. CKE Restaurants Inc. (NYSE: CKR) Cut to Sell at Roth
The weekly jobless claims from the Labor Department are still headed in the right direction, albeit they are still very high for historic levels. The weekly claims came down by 14,000 to 442,000 for the week ended March 20. We had estimates expecting a drop of 7,000, so this is a better than expected number [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
The Labor Department has just released its data on weekly jobless claims and there was a drop of 43,000 to 440,000. Bloomberg consensus estimates from economists was listed as 467,000 jobless claims. Last week’s preliminary figure of 480,000 was revised to 483,000. The four-week average also fell by 1,000 to 468,500. The army of unemployed [[ This is a content summary only.
Many have said that the math from the US Labor Department is fuzzy, and today will only show further conversations of that notion. Despite the negative recent news in weekly jobless claims, the unemployment rate came in 9.7%… Bloomberg and Dow Jones were at 10.1% for expectations. The change in non-Farm payrolls was -20,000 versus [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
The Labor Department released the weekly jobless claims data this morning, and whatever policies are being presented just are not helping on the hiring and firing front in the nation. The weekly jobless claims rose by 8,000 to 480,000 and the week ago data was revised slightly worse to 472,000 from 470,000. Dow Jones was [[ This is a content summary only.
Today’s best market rumors. Amazon (NASDAQ:AMZN) will buy a touchscreen company, Touchco
These are this Thursday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research calls: AOL Inc. (NYSE: AOL) Raised to Neutral at Merriman Curhan Ford
