U.S. Weekly Jobless Claims Edge Down Less Than Expected
(RTTNews) - The Labor Department released a report on Thursday showed a modest decrease in first-time claims for U.S. unemployment benefits in the week ended June 11th.
The report showed initial jobless claims edged down to 229,000, a decrease of 3,000 from the previous week's revised level of 232,000.
Economists had expected jobless claims to dip to 220,000 from the 229,000 originally reported for the previous week.
Meanwhile, the Labor Department said the less volatile four-week moving average crept up to 218,500, an increase of 2,750 from the previous week's revised average of 215,750.
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Powell Says Fed Doesn't Need To Be In A Hurry To Lower Rates
Following the Federal Reserve's decision to lower interest rates by a quarter point last week, Fed Chair Jerome Powell said in remarks on Thursday that the central bank does not "need to be in a hurry to lower rates" due to the strength of the economy.
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U.S. Jobless Claims Unexpectedly Dip To Nearly Six-Month Low
First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended November 9th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 217,000, a decrease of 4,000 from the previous week's unrevised level of 221,000. Economists had expected jobless claims to inch up to 223,000.
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U.S. Producer Prices Rise 0.2% In October, In Line With Estimates
After yesterday's consumer price inflation data matched expectations, the Labor Department released a separate report on Thursday showing producer prices in the U.S. also increased in line with economist estimates in the month of October. The Labor Department said its producer price index for final demand rose by 0.2 percent in October following a revised 0.1 percent uptick in September.
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U.S. Producer Prices Increase In Line With Estimates In October
After yesterday's consumer price inflation data matched expectations, the Labor Department released a separate report on Thursday showing producer prices in the U.S. also increased in line with economist estimates in the month of October.
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U.S. Weekly Jobless Claims Unexpectedly Edge Lower
First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended November 9th, according to a report released by the Labor Department on Thursday.
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hace 19h 38min
U.S. Consumer Price Inflation Data Matches Economist Estimates In October
A closely watched report released by the Labor Department on Wednesday showed consumer prices in the U.S. rose in line with economist estimates in the month of October. The Labor Department said its consumer price index crept up by 0.2 percent in October, matching the upticks seen in each of the three previous months as well as expectations.
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U.S. Consumer Prices Rise In Line With Estimates In October
A closely watched report released by the Labor Department on Wednesday showed consumer prices in the U.S. rose in line with economist estimates in the month of October.
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U.S. Consumer Sentiment Improves More Than Expected In November
Preliminary data released by the University of Michigan on Friday showed consumer sentiment has improved by more than expected in the month of November. The University of Michigan said its consumer sentiment index climbed to 73.0 in November from 70.5 in October. Economists had expected the index to inch up to 71.0.
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