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Entries in Jobless Claims (114)

Thursday
May172012

Jobless Claims Stay Put at 370,000

Spencer Platt/Getty Images(WASHINGTON) -- Jobless claims didn't budge last week, remaining at 370,000, the Labor Department reported Thursday.

The figure for the week ending May 12 is a revision from the previous week's number, which was initially said to be 367,000.

The four-week average, however, did see some movement, dropping by 4,750 to 375,000.

Copyright 2012 ABC News Radio

Thursday
May102012

Jobless Claims Fall to 367K to Kick off May

Spencer Platt/Getty Images(WASHINGTON) -- Jobless claims continued to inch away from the dreaded 400,000 mark in May, falling by 1,000 last week, the Labor Department reported Thursday.

For the week ending May 5, the number of people filing for benefits dropped to 367,000.  The previous week, claims stood at 368,000.

The four-week average also took a dip, decreasing by 5,250 to end at 379,000.

Copyright 2012 ABC News Radio

Thursday
May032012

Jobless Claims Fall to 365,000, Worker Productivity Drops

Spencer Platt/Getty Images(WASHINGTON) -- After inching up for the last few weeks, jobless claims plummeted by 27,000 last week – the most in more than three months, according to numbers released by the government on Thursday. New claims for unemployment benefits were down to 365,000 for the week ending April 28, the Labor Department said, moving away from the dreaded 400,000 mark.

A separate report out Thursday found worker productivity down 0.5 percent in the first quarter – the biggest drop in a year.

Economist Hugh Johnson says these latest figures could be a sign that companies are demanding too much from overworked, understaffed employees.

"They can't get essentially more output or work from their existing labor force,” Johnson said Thursday. “If they're going to respond to increased demands…they're going to have to add workers.”

At the same time, a survey of 32 leading economists is predicting unemployment will be down to 8 percent by Election Day.

“I think it's going to be a little bit lower,” Johnson said, in response that prediction, “but nevertheless 8 percent.  And that should be a little bit of help to the Obama administration.”

Copyright 2012 ABC News Radio

Thursday
Apr262012

Jobless Claims Take Another Slight Drop, Now Stand at 388K

Spencer Platt/Getty Images(WASHINGTON) -- Jobless claims have fallen for the second straight week, but they continue to hover near 400,000, the latest weekly jobs report shows.

The Labor Department said on Thursday that for the week ending April 21, the number of people filing for benefits decreased by 1,000 to 388,000.  The previous week claims stood at 389,000.

The four-week average went up however, climbing by 6,250 to end at 381,750.

Copyright 2012 ABC News Radio

Thursday
Apr192012

Jobless Claims Dip to 386,000

Spencer Platt/Getty Images(WASHINGTON) -- Jobless claims made some ground last week, dropping slightly to 386,000 after experiencing a spike at the beginning of the month, the Labor Department reported Thursday.

For the week ending April 14, the number of people filing for benefits decreased by 2,000.  The previous week, claims stood at 388,000.

The four-week average, however, went up, climbing by 5,500 to end at 374,750.

Copyright 2012 ABC News Radio

Thursday
Apr122012

Jobless Claims Rise by 13,000 to Kick Off April

Spencer Platt/Getty Images(WASHINGTON) -- After falling to their lowest level in four years last month, jobless claims snapped their downward trend in April, rising to 380,000 to kick off the month, the Labor Department reported Thursday.

For the week ending April 7, the number of people filing for benefits increased by 13,000.  The previous week, claims stood at 367,000.

The four-week average also went up, climbing by 4,250 to end at 368,500.

Copyright 2012 ABC News Radio

Thursday
Apr052012

Jobless Claims Fall to Four-Year Low of 357,000

Spencer Platt/Getty Images(WASHINGTON) -- Jobless claims are now down to their lowest level in four years, after falling to 357,000 in the final week of March, the Labor Department reported Thursday.

For the week ending March 31, the number of people filing for benefits dropped by 6,000.  The previous week, claims stood at 363,000.

The four-week average also went down, falling by 4,250 to 361,750.

On Friday, Americans will get a true assessment of how the jobs market fared last month when the Labor Department releases its monthly employment report.

Copyright 2012 ABC News Radio

Thursday
Mar292012

Jobless Claims Fall to 359,000

Spencer Platt/Getty Images(WASHINGTON) -- Jobless claims are now down to 359,000 after falling for the third consecutive week this month, the Labor Department reported Thursday.

For the week ending March 24, the number of people filing for benefits dropped by 5,000.  The previous week, claims stood at 364,000.

The four-week average also went down, falling by 3,500 to 365,000.

Copyright 2012 ABC News Radio

Thursday
Mar222012

Jobless Claims Fall Again, Now Stand at 348,000

Spencer Platt/Getty Images(WASHINGTON) -- Jobless claims continued to fall last week, maintaining its lowest level since 2008, the Labor Department reported Thursday.

For the week ending March 17, the number of people filing for benefits dropped by 5,000 to 348,000.  The previous week, claims stood at 353,000.

The four-week average also took a small dip, falling by 1,250 to 355,000.

Copyright 2012 ABC News Radio

Thursday
Mar152012

Jobless Claims Drop Back to Lowest Level in Four Years

Spencer Platt/Getty Images(WASHINGTON) -- Jobless claims are back down to the lowest level in four years after rising the week before, the Labor Department reported Thursday.

For the week ending March 10, the number of people filing for benefits dropped by 14,000 to 351,000 -- the lowest tally since March 2008.  The previous week, claims stood at 365,000.

The four-week average, however, remained unchanged at 355,750.

Copyright 2012 ABC News Radio

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