FOREX TradingCharts.com

Financial News: U.S. Weekly Jobless Claims Inch Up Slightly More

U.S. Weekly Jobless Claims Inch Up Slightly More Than Expected

12/29/2022 - 09:12:00 (RTTNews)

(RTTNews) - First-time claims for U.S. unemployment benefits rose by slightly more than expected in the week ended December 24th, according to a report released by the Labor Department on Thursday.

The report said initial jobless claims crept up to 225,000, an increase of 9,000 from the previous week's unrevised level of 216,000. Economists had expected jobless claims to inch up to 222,000.

Meanwhile, the Labor Department said the less volatile four-week moving average edged down to 221,000, a decrease of 250 from the previous week's revised average of 221,250.

The report also said continuing claims, a reading on the number of people receiving ongoing unemployment assistance, also climbed by 41,000 to 1.710 million in the week ended December 17th.

The four-week moving average of continuing claims also rose to 1,679,500, an increase of 25,250 from the previous week's revised average of 1,654,250.

Next Friday, the Labor Department is scheduled to release its more closely watched report on employment in the month of December.

Employment is expected to increase by 57,000 jobs in December after jumping by 263,000 jobs in November, while the unemployment rate is expected to hold at 3.7 percent.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Taiwan Consumer Confidence Improves Slightly On Stronger Expectations (12 min(s), 21 sec(s) ago)
(RTTNews) - Taiwan's consumer sentiment strengthened for the first time in five months, albeit ...Full Story»

Dutch Producers Slightly More Positive In January (01 hr(s), 30 min(s), 21 sec(s) ago)
(RTTNews) - The Netherlands' producer confidence improved slightly at the start of the year, a ...Full Story»

European Economics Preview: Germany GDP Data Due (02 hr(s), 04 min(s), 21 sec(s) ago)
(RTTNews) - Quarterly national accounts from Germany and economic sentiment survey results from eu ...Full Story»

New Zealand Has NZ$475 Million Trade Deficit (57 min(s), 39 sec(s) ago)
(RTTNews) - New Zealand posted a merchandise trade deficit of NZ$475 million in December, Statisti ...Full Story»

New Zealand Trade Data Due On Monday (54 min(s), 39 sec(s) ago)
(RTTNews) - New Zealand will on Monday release December data for imports, exports and trade balanc ...Full Story»

U.S. Consumer Sentiment Improves Slightly More Than Initially Estimated In January (32 min(s), 39 sec(s) ago)
(RTTNews) - Revised data released by the University of Michigan on Friday showed consumer sentimen ...Full Story»

U.S. Pending Home Sales Unexpectedly Rebound In December (18 min(s), 39 sec(s) ago)
(RTTNews) - After reporting decreases in U.S. pending home sales for six straight months, the Nati ...Full Story»

U.S. Personal Income Inches Up 0.2% In December, In Line With Estimates (56 min(s), 39 sec(s) ago)
(RTTNews) - Personal income in the U.S. increased in line with economist estimates in the month of ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Taiwan Consumer Confidence Improves Slightly On Stronger Expectations

01/30/2023 - 03:08 AM (RTTNews)
(RTTNews) - Taiwan's consumer sentiment strengthened for the first time in five months, albeit ...Full Story>>

Dutch Producers Slightly More Positive In January

01/30/2023 - 01:50 AM (RTTNews)
(RTTNews) - The Netherlands' producer confidence improved slightly at the start of the year, a ...Full Story>>

European Economics Preview: Germany GDP Data Due

01/30/2023 - 01:16 AM (RTTNews)
(RTTNews) - Quarterly national accounts from Germany and economic sentiment survey results from eu ...Full Story>>

New Zealand Has NZ$475 Million Trade Deficit

01/29/2023 - 17:18 PM (RTTNews)
(RTTNews) - New Zealand posted a merchandise trade deficit of NZ$475 million in December, Statisti ...Full Story>>

New Zealand Trade Data Due On Monday

01/29/2023 - 16:15 PM (RTTNews)
(RTTNews) - New Zealand will on Monday release December data for imports, exports and trade balanc ...Full Story>>

Do not sell my personal information

Copyright © 2023. 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.