Unemployment rate unchanged as 36K jobs lost By CHRISTOPHER S. RUGABER AP Economics Writer WASHINGTON (AP) — The unemployment rate held at 9.7 percent in February as employers shed 36,000 jobs, fewer than expected. The figures suggested the job market is slowly healing but that significant hiring has yet to occur. The Labor Department said… read more
Tag Archives: Stocks
Initial Jobless Claims [3/4/2010]
WASHINGTON, March 4 (Reuters) – The number of U.S. workers filing new applications for unemployment insurance fell as expected last week, a government report showed on Thursday, while those continuing to receive benefits dropped to the lowest level in over a year. Initial claims for state unemployment benefits dropped 29,000 to a seasonally adjusted 469,000… read more
Consumer Price Index (CPI) – 2/19/2010
The CPI rose 0.2 percent last month; this was less than expected. The Labor Department claims that this is due to a rise in energy cost, equating to 0.2 percent in December. According to a poll done by Reuters analysts expected a 0.3 percent increase. If this is compared to Jan. of last year, prices rose… read more
PPI [2/18/2010]
PPI rose 1.4%, however estimates were expected to come in around 0.7%. Whoelsale prices shot up at double the expected rate in Jan.… read more
Initial Jobless Claims [2/18/2010]
Initial jobless claims were up 31,000 to 473,000. Expectations were pegged at 430,000; however this data added to worries that a bleak job market will severely hamper the U.S. economic Recovery. These numbers also provide a potential argument for the Federal Reserve to keep interest rates near record lows.… read more
Initial Jobless Claimes [2/11/2010]
Initial Joblesss claims for state unemployment dropped by 43,000 claims to a seaonal 440,000 for the end of the week Feb. 6th 2010. Down from the previous weeks 483,000 claims. Accorrding to a poll by Reuters the intial claims were expected to be 465,000.… read more