jared levy

American Jobs versus Fiscal Cliff

|

The good news is that unemployment claims are trending back down after the spike three weeks ago, the bad news is that they are still stubbornly high as the four week average of new claims rose by 7,500 to 405,250. Weekly jobless claims came in slightly worse than expectations, seasonally adjusted applications for U.S. unemployment … American Jobs versus Fiscal Cliff

Zacks.com – Employment Trifecta?

|

After the better than expected ADP and unemployment claims reports, the BLS delivered a better than expected gain of 171,000 jobs in October versus expectations of roughly 123,000.gb August and September jobs were both revised higher adding roughly 84,000 between the two. Even with this seemingly positive data, the unemployment rate actually rose to 7.9%.  … Zacks.com – Employment Trifecta?

Are Unemployment Benefits Excessive?

|

Jobless claims came in at 369,000, just below expectations of 371,000. This week’s reading was a welcome reduction after last week’s surprise jump. If you look at the average of new claims filed, the pace of firings has been little changed. This seems to indicate that employers are keeping things on the hiring side status … Are Unemployment Benefits Excessive?