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Jobless claims fall, four-week average near four-year low

 From reuters.com
WASHINGTON ( Reuters ) - New claims for unemployment benefits unexpectedly fell last week, a government report showed on Thursday, further evidence the labor market was gaining traction. Initial claims for state unemployment benefits dropped 15,000 to a seasonally adjusted 358,000, the Labor Department said. The prior week's figure was revised up to 373,000 from the previously reported 367,000. Economists polled by Reuters had forecast claims rising to 370,000. The four-week moving average...Read Full Story

Jobless claims drop brightens labor market picture (Reuters)

By flagstafftoday on  From flagstafftoday.com
Reuters – The number of Americans signing up for unemployment benefits unexpectedly fell last week, the latest sign of recovery in the labor market. See the original article here: (Reuters)"> (Reuters)"> (Reuters)">Jobless claims drop brightens labor market picture (Reuters)Read Full Story

Jobless rate hits 8.3%, lowest in 3 years - Boston Globe

By keyfunds on  From latestbusinessreport.com
Irish Times Jobless rate hits 8.3%, lowest in 3 years Boston Globe By Erin Ailworth US employers added more than 240000 jobs in January, beating economists' expectations with the biggest gains in nearly a year and providing more evidence that the recovery may at last be gathering speed. The hiring surge, which was ... Jobs report: 'Game-changer' The Seattle Times Jobless Rate Falls to 8.3%, Altering Face of Campaign New York Times Unemployment report: January job gains have economists...Read Full Story

Hiring surges in January; jobless rate at 8.3 percent - The Oshkosh Northwestern

By keyfunds on  From latestbusinessreport.com
ABC News Hiring surges in January; jobless rate at 8.3 percent The Oshkosh Northwestern AP Economics Writer WASHINGTON (AP) — In a long-awaited surge of hiring, companies added 243000 jobs in January — across the economy, up and down the pay scale and far more than just about anyone expected. Unemployment fell to 8.3 percent, ... Jobless Rate Falls to 8.3%, Altering Face of Campaign New York Times Jobless rate at 3-year low as payrolls surge | Reuters Unemployment report: January job gains...Read Full Story

US Jobless Rate Falls to 8.3 Percent, a 3-Year Low - New York Times

By keyfunds on  From latestbusinessreport.com
New York Times US Jobless Rate Falls to 8.3 Percent, a 3-Year Low New York Times The United States economy gained momentum in January, adding 243000 jobs, the second straight month of better-than-expected gains. The unemployment rate fell to 8.3 percent, giving a cause for optimism as the economy shapes up as the central issue in ... Unemployment rate falls to 8.3%; fifth straight monthly decline Los Angeles Times Unemployment Rate Drops to 8.3%; Payrolls Jump Bloomberg Rise in Jobs May Boost...Read Full Story
Unemployment could be as high as 6.3m in the UK if a different counting measure was used, highlighting the true scale of joblessness, according to a report. The TUC said the higher figure - more than twice the official total - was revealed using an ...  
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WASHINGTON -- The number of Americans filing initial claims for state unemployment benefits fell by 15,000 to a seasonally-adjusted 358,000, the Labor Department said Thursday. A survey of economists by Dow Jones Newswires expected claims to rise by 3,000 in the week ended Feb. 4 to 370...  
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BATON ROUGE, La. (AP) — First-time claims for unemployment benefits dropped slightly last week from the previous week in Louisiana, but showed a 21 percent increase from a year ago. The Louisiana Workforce Commission reported 3,308 initial ...  
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US initial unemployment insurance claims declined 15,000 to 358,000 in the week ending February 4, 2012, thereby building on a 6,000 drop to an upwardly revised 373,000 level (initially reported as 367,000) the previous week. The level of claims in the latest week was below market expectations for a 370,000 reading. The four-week moving average of initial claims, which better controls for weekly volatility, declined for a fourth consecutive...  
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(Reporting by Lucia Mutikani, Editing by Gary Crosse ... signs that we are getting some self-sustaining aspects of economic activity,” said Michael Strauss, chief economist at Commonfund in Wilton, Connecticut. U.S. employers added 243,000 workers ...  
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WASHINGTON (Reuters) - The number of Americans signing up for unemployment benefits unexpectedly fell last week, the latest sign of recovery in the labor market. Initial claims for state jobless benefits dropped 15,000 to 358,000, the Labor ...  
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Fewer Americans than forecast filed claims for jobless benefits last week, pointing to gains in consumer confidence, and spending, as job prospects brighten. Applications for jobless benefits decreased 15,000 in the week ended Feb. 4 to 358,000 ...  
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