Tag Archive for Initial Claims

Fantastic jobless claims number from the Labor Department, but many remain skeptical – Sober Look

This is a syndicated repost courtesy of Sober Look. To view original, click here. We are seeing more seasonality adjustments fun and games from the US Department of Labor. The drop in the initial jobless claims was so large, it looks suspicious. Lee Adler has a detailed write-up (here) on seasonality adjustments following last Friday’s…

Initial Claims Improved over Last Year, But Weakening Momentum is a Yellow Flag

This post is an update excerpt of the permanent page of Employment Charts, which is updated regularly whenever new data is released. Bookmark that page for future reference. This week’s data on first time unemployment claims was slightly weaker, but not terrible.  The gross numbers are still a big improvement over last year, but the…

Initial Unemployment Claims Belie Last Week’s Hysteria on Jobs

This report is an excerpt of the currently updated permanent Employment Charts page which includes the monthly jobs and average earnings data, as well as the Labor Departments Job Openings and Labor Turnover Survey (JOLTS) and real time data on Federal Withholding taxes. The charts on that page are updated as soon as new data…