FOREX TradingCharts.com

Financial News: U.S. Weekly Jobless Claims Edge Down Slightly Less

U.S. Weekly Jobless Claims Edge Down Slightly Less Than Expected

03/05/2020 - 09:24:00 (RTTNews)

(RTTNews) - With the more closely watched monthly jobs report looming, the Labor Department released a report on Thursday showing a modest decrease in first-time claims for U.S. unemployment benefits in the week ended February 29th.

The report said initial jobless claims edged down to 216,000, a decrease of 3,000 from the previous week's unrevised level of 219,000. Economists had expected jobless claims to slip to 215,000.

Meanwhile, Labor Department said the less volatile four-week moving average crept up to 213,000, an increase of 3,250 from the previous week's unrevised average of 209,750.

Continuing claims, a reading on the number of people receiving ongoing unemployment assistance, also rose by 7,000 to 1.729 million in the week ended February 22nd.

The four-week moving average of continuing claims still fell to 1,721,250, a decrease of 7,500 from the previous week's revised average of 1,728,750.

On Friday, the Labor Department is scheduled to release its more closely watched employment report for the month of February.

Employment is expected to increase by about 175,000 jobs in February after jumping by 225,000 jobs in January, while the unemployment rate is expected to hold at 3.6 percent.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Romania's Inflation Steady At 3% (22 min(s), 32 sec(s) ago)
(RTTNews) - Romania's consumer prices increased at a steady pace in March, data from the Natio ...Full Story»

Dutch Export Growth Slows For Second Month (01 hr(s), 02 min(s), 32 sec(s) ago)
(RTTNews) - The Netherlands' goods exports grew at a slower pace for a second consecutive mont ...Full Story»

France Industrial Output Rises More Than Expected (02 hr(s), 12 min(s), 32 sec(s) ago)
(RTTNews) - French industrial production grew more than expected in February, data from the statis ...Full Story»

France Industrial Output Rises At Slower Pace (02 hr(s), 22 min(s), 32 sec(s) ago)
(RTTNews) - French industrial production grew more than expected in February, data from the statis ...Full Story»

Eurogroup Agrees Rescue Package To Mitigate Covid-19 Downturn (02 hr(s), 28 min(s), 32 sec(s) ago)
(RTTNews) - Eurozone finance ministers agreed an emergency plan to mitigate the downturn caused by ...Full Story»

China's Inflation Eases In March; PPI Falls For Second Month (05 hr(s), 56 min(s), 32 sec(s) ago)
(RTTNews) - China's consumer price inflation slowed more-than-expected to a five-month low in ...Full Story»

China Inflation Slows To 4.3% In March (29 min(s), 28 sec(s) ago)
(RTTNews) - Consumer prices in China were up just 4.3 percent on year in March, the National Burea ...Full Story»

Japan Overall Bank Lending Rises 2.0% In March (59 min(s), 28 sec(s) ago)
(RTTNews) - Overall bank lending in Japan was up 2.0 percent on year in March, the Bank of Japan s ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Romania's Inflation Steady At 3%

04/10/2020 - 06:53 AM (RTTNews)
(RTTNews) - Romania's consumer prices increased at a steady pace in March, data from the Natio ...Full Story>>

Dutch Export Growth Slows For Second Month

04/10/2020 - 06:13 AM (RTTNews)
(RTTNews) - The Netherlands' goods exports grew at a slower pace for a second consecutive mont ...Full Story>>

France Industrial Output Rises More Than Expected

04/10/2020 - 05:03 AM (RTTNews)
(RTTNews) - French industrial production grew more than expected in February, data from the statis ...Full Story>>

France Industrial Output Rises At Slower Pace

04/10/2020 - 04:53 AM (RTTNews)
(RTTNews) - French industrial production grew more than expected in February, data from the statis ...Full Story>>

Eurogroup Agrees Rescue Package To Mitigate Covid-19 Downturn

04/10/2020 - 04:47 AM (RTTNews)
(RTTNews) - Eurozone finance ministers agreed an emergency plan to mitigate the downturn caused by ...Full Story>>
Copyright © 2020. 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.