usjobmarket
Weekly jobless claims fell short of the 220,000 Dow Jones estimate and are down 15,000 from the previous week. The result means that the U.S. job market is tightening and represents the lowest number since the beginning of this year. Weekly Jobless Claims DropAs reported by CNBC, the job market is edging closer to full employment —amid a 3.8% jobless rate— as new filings for unemployment insurance hit 214,000 for the week ended March 12. Q4 2021 hedge fund letters, conferences and more “The four-week moving average, which accounts for weekly volatility in the numbers, also declined, falling 8,...
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Weekly jobless claims in the U.S. totaled 198,000 for the week ended December 25, the lowest in 52 years, according to the Labor Department. This is below Dow Jones’ forecast of 205,000 and 8,000 fewer than the period before. Q3 2021 hedge fund letters, conferences and more Weekly Jobless ClaimsCNBC reports that “When adjusting for weekly volatility, the four-week moving average for claims came to 199,250, the lowest level since Oct. 25, 1969.” Meanwhile, continuing claims followed a similar trend after plunging by 140,000 to 1.72 million, and hitting a new low since March 7 last year —days be...
ValueWalk
Weekly jobless claims in the U.S. reached 199,000 last week, the lowest number since November 1969, according to the Labor Department on Wednesday. Along with the historical drop, the number decreased considerably from the previous 270,000 measure. Q3 2021 hedge fund letters, conferences and more Weekly Jobless ClaimsAs reported by CNBC, new filings totaled 199,000 and beat Dow Jones estimates of 260,000. Since January this year and albeit with some fluctuations, claims have shown a decreasing trend with the nearly 270,000 recorded the week before representing a pandemic lowest. Amid what has ...
ValueWalk
The Labor Department’s Vacancy and Job Rotation Survey showed that Job offers in the U.S. posted their biggest increase in 10 months to a new record in May. However, job posters are facing persistent hiring difficulties. Q2 2021 hedge fund letters, conferences and more A New Job DynamicThe number of available positions rose to 9.21 million from the 9.19 million in April. Also, the number of people who voluntarily quit their jobs dropped to 3.6 million in May, a quit rate drop to 2.5%. The availability of vaccines and the reopening have caused a setback in economic activity in recent months, bu...
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