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Tag Archives: jobless claims

U.S. Jobless claims rise most since February

The top line jobless claims number rose above estimates and to the highest level since February, but that’s not the most disturbing news. Digging into the numbers, it appears that more people are suddenly having to find work (initial claims) and they are finding that it is taking longer than previously to get a job (continuing claims.) Jobless claims jumped to ...

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Jobless Claims JUMP to 439,000

job sign

First time unemployment claims took a flying leap this week.  The jobless claims surged over 78,000 to a staggering 439,000 across the U.S. The government economists were expecting numbers in the 375,000 range. Many of the media are blaming this shocking increase on the Superstorm Sandy. Bloomberg: “Based on previous extreme-weather episodes, we typically see the associative claims coming in ...

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