FOREX TradingCharts.com

Financial News: U.S. Jobless Claims Rebound From Nearly 50-Year Low

U.S. Jobless Claims Rebound From Nearly 50-Year Low

04/25/2019 - 09:14:00 (RTTNews)

(RTTNews) - After reporting first-time claims for U.S. unemployment benefits at a nearly fifty-year low in the previous week, the Labor Department released a report on Thursday showing initial jobless claims rebounded by more than anticipated in the week ended April 20.

The report said initial jobless claims climbed to 230,000, an increase of 37,000 from the previous week's revised level of 193,000.

Economists had expected jobless claims to rise to 200,000 from the 192,000 originally reported for the previous week.

The bigger than expected increase came after the number of jobless claims in the previous week represented their lowest level since hitting 182,000 in September of 1969.

The Labor Department said the less volatile four-week moving average also rose to 206,000, an increase of 4,500 from the previous week's revised average of 201,500.

Continuing claims, a reading on the number of people receiving ongoing unemployment assistance, also inched up by 1,000 to 1.655 million in the week ended April 13.

The four-week moving average of continuing claims still dropped to 1,687,750, a decrease of 25,000 from the previous week's revised average of 1,712,750.

Next Friday, the Labor Department is scheduled to release its more closely watched monthly employment report for March.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Belgium Consumer Confidence At 5-month High (03 hr(s), 37 min(s), 28 sec(s) ago)
(RTTNews) - Belgium's consumer confidence rose in May to its highest level in five months, sur ...Full Story»

Germany's Economy Likely To Lose Momentum: Bundesbank (05 hr(s), 18 min(s), 28 sec(s) ago)
(RTTNews) - Germany's economy is likely to lose momentum in the second quarter, according to t ...Full Story»

Portugal Producer Price Inflation At 4-Month High (05 hr(s), 35 min(s), 28 sec(s) ago)
(RTTNews) - Portugal's producer price inflation rose for the second straight month to the high ...Full Story»

Hong Kong Jobless Rate Steady (07 hr(s), 56 min(s), 28 sec(s) ago)
(RTTNews) - Hong Kong's unemployment rate remained stable during the February to April period, ...Full Story»

UK Households' Financial Wellbeing Weakens In May (08 hr(s), 0 min(s),28 sec(s) ago)
(RTTNews) - British households' financial wellbeing deteriorated at the fastest pace since Sep ...Full Story»

Czech Producer Price Inflation At 7 & 1/2-Year High (09 hr(s), 23 min(s), 28 sec(s) ago)
(RTTNews) - The Czech Republic's producer price inflation rose to the highest level in seven- ...Full Story»

Estonia Producer Price Inflation Rises In April (10 hr(s), 01 min(s), 28 sec(s) ago)
(RTTNews) - Estonia's producer price inflation rose in April, data from Statistics Estonia sho ...Full Story»

Japan Industrial Production Falls Less-Than-Forecast (10 hr(s), 12 min(s), 28 sec(s) ago)
(RTTNews) - Japan's industrial production declined less-than-estimated in March, final data fr ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Belgium Consumer Confidence At 5-month High

05/20/2019 - 09:38 AM (RTTNews)
(RTTNews) - Belgium's consumer confidence rose in May to its highest level in five months, sur ...Full Story>>

Germany's Economy Likely To Lose Momentum: Bundesbank

05/20/2019 - 07:57 AM (RTTNews)
(RTTNews) - Germany's economy is likely to lose momentum in the second quarter, according to t ...Full Story>>

Portugal Producer Price Inflation At 4-Month High

05/20/2019 - 07:40 AM (RTTNews)
(RTTNews) - Portugal's producer price inflation rose for the second straight month to the high ...Full Story>>

Hong Kong Jobless Rate Steady

05/20/2019 - 05:19 AM (RTTNews)
(RTTNews) - Hong Kong's unemployment rate remained stable during the February to April period, ...Full Story>>

UK Households' Financial Wellbeing Weakens In May

05/20/2019 - 05:15 AM (RTTNews)
(RTTNews) - British households' financial wellbeing deteriorated at the fastest pace since Sep ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.