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Thread: Weekly jobless claims

  1. #13

    Default Re: Market News

    Jobless claims fall again as enhanced pandemic benefits fade away

    KEY POINTS

    First-time filings for jobless claims totaled 290,000 for the week ended Oct. 16.

    That was down 6,000 from the previous week and below the 300,000 Dow Jones estimate.

    Continuing claims also dropped to a new pandemic low, falling to 2.48 million.
    https://www.cnbc.com/2021/10/21/us-j...-estimate.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.

  2.  
  3. #14

    Default Re: Market News

    Jobless claims little changed in potential sign that layoffs have hit a plateau

    First-time jobless claims totaled 268,000 last week, a drop of 1,000 from the week before and ahead of the 260,000 estimate.

    The total was in keeping with the past month, indicating that the labor market may be leveling off.

    In a separate report, the Philadelphia Fed’s manufacturing index was much stronger than expected.
    https://www.cnbc.com/2021/11/18/us-jobless-claims.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.

  4.  
  5. #15

    Default Re: Market News

    Weekly jobless claims post stunning decline to 199,000, the lowest level since 1969

    Initial jobless claims totaled 199,000 last week, the lowest total since November 1969.

    Second-quarter GDP growth was revised slightly higher to 2.1%, a bit below estimates.

    Orders for long-lasting goods fell 0.5% for the month, below the expectation for a small gain.
    https://www.cnbc.com/2021/11/24/us-j...ince-1969.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.

  6.  
  7. #16

    Join Date
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    Default Weekly jobless claims

    Economy is booming. Fourth quarter GDP accelerating nicely now- Just wait until the jobs from the last bill start appearing. We are doing great.


    Sent from my iPhone using TSP Talk Forums

  8.  
  9. #17

    Default Re: Weekly jobless claims

    That's good for the general well being of the country, but the stock market has been reacting to this potential for 20 months. So now it may start looking ahead to the the rate hikes that would normally follow a recovery. Give the Fed something to worry about, and the market will continue to climb that wall of worry. Smooth sailing means the Fed will put on the breaks. One or two hikes may be tolerated but history shows three rate hikes can stop a bull market. So, we don't want things to get too hot.

    Happy Thanksgiving!
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.

  10.  
  11. #18

    Default Re: Weekly jobless claims

    Weekly jobless claims fall to 184,000, the lowest level in more than 52 years

    Weekly jobless claims totaled 184,000 for the week ended Dec. 4, the lowest going back to Sept. 6, 1969.

    Continuing claims, which run a week behind the headline number, increased 38,000 to just shy of 2 million.
    https://www.cnbc.com/2021/12/09/us-w...ss-claims.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.


  12.  
  13. #19

    Default Re: Weekly jobless claims

    U.S. weekly jobless claims hold steady below pre-pandemic level; consumer spending rises

    Initial claims for state unemployment benefits were unchanged at a seasonally adjusted 205,000 for the week ended Dec. 18, the Labor Department said.

    A separate report from the Commerce Department on Thursday showed consumer spending, which accounts for more than two-thirds of U.S. economic activity, rose 0.6% last month.

    Inflation increased further in November. The personal consumption expenditures (PCE) price index, excluding the volatile food and energy components, rose 0.5% after a similar gain in October.
    https://www.cnbc.com/2021/12/23/us-w...at-205000.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.

  14.  
  15. #20

    Default Re: Weekly jobless claims

    U.S. weekly jobless claims total 207,000, higher than expected amid omicron spread

    Jobless claims totaled 207,000 for the week ended Jan. 1, higher than the 195,000 estimate and 7,000 more than the previous week.

    Continuing claims also rose, climbing to 1.75 million as the omicron spread dented the labor market heading into the end of 2021.

    Also, the U.S. trade imbalance rose less than expected in November though it came close to setting a record.
    https://www.cnbc.com/2022/01/06/us-w...ss-claims.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.

  16.  
  17. #21

    Default Re: Weekly jobless claims

    Jobless claims jump to 286,000, the highest level since October

    Initial jobless claims totaled 286,000 for the week ended Jan. 15, well above the 225,000 estimate.

    Continuing claims also rose, jumping to 1.64 million.

    The Philadelphia Fed manufacturing index was higher than expected, though the future prices paid index, an inflation gauge, hit its highest level since August 1988.
    https://www.cnbc.com/2022/01/20/jobl...e-october.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.

  18.  
  19. #22

    Default Re: Weekly jobless claims

    A day late in posting...


    Jobless claims jump to 286,000, the highest level since October

    Initial jobless claims totaled 286,000 for the week ended Jan. 15, well above the 225,000 estimate.

    Continuing claims also rose, jumping to 1.64 million.

    The Philadelphia Fed manufacturing index was higher than expected, though the future prices paid index, an inflation gauge, hit its highest level since August 1988.
    https://www.cnbc.com/2022/01/20/jobl...e-october.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.

  20.  
  21. #23

    Join Date
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    Default Re: Weekly jobless claims

    Quote Originally Posted by tsptalk View Post
    A day late in posting...


    Jobless claims jump to 286,000, the highest level since October


    https://www.cnbc.com/2022/01/20/jobl...e-october.html
    My recent retirement probably threw the numbers off.
    Scott Harrison
    Senatobia, MS

  22.  
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