Bloomberg was calling for a consensus of 270,000 in jobless claims.
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A seasonable start to 2016
Chiefs game Sunday at Arrowhead Stadium, expect sun again, and slightly cooler, with highs going into the high 30s. It’s a quiet start to the new year, with partly cloudy skies and temperatures around 40 degrees today .
The number of Americans filing new claims for unemployments insurance benefits surged last week.
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But that win won’t come easily against a Saban-coached Alabama squad that has been the gold standard in America for so long. It’s probable that Alabama has seen nothing this season like Watson, and Watson has seen nothing this season like Alabama .
Information released Thursday by the U.S. Labor Department showed initial claims for state unemployment benefits rose 20,000 to a seasonally-adjusted 287,000 for the week ended December 26.
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After fielding questions, Obama concluded the press conference: “OK everybody, I got to get to ‘Star Wars ‘”. Greenfield said the success of ” Force Awakens ” would not offset the impact of subscriber losses at ESPN.
The less volatile four-week moving average also edged up to 277,000, an increase of 4,500 from the previous week’s unrevised average of 272,500. Mike Englund, chief economist at Action Economics LLC in Boulder, Colo., who correctly projected the jump, said “We do have to discount the heightened volatility we have around this time of the year”. Economist agree with the Labor Department, and it is not atypical for jobless claims to rise during the last week of December.
The report said initial jobless claims climbed to 287,000, an increase of 20,000 from the previous week’s unrevised level of 267,000.
Continuing jobless claims come with a one-week lag, and this is what we refer to as the army of the unemployed.
As long as unemployment stays at or close to 5.0%, the Federal Reserve and Chair Janet Yellen likely will continue to be poised to gradually raise interest rates in 2016.
As per the statistical figures released for the week that ended December 19, number of people continuing to receive benefits rose by 3,000 to 2.2 million. “There will be continued slow improvement in the labor market”. The monthly average is seen as a more accurate gauge of labor trends because it reduces volatility in the week-to-week data.
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According to Econoday’s analysis of the report, this is the highest jump since the July 4 holiday week.
