U.S. Weekly Jobless Claims Dip Slightly More Than Expected
(RTTNews) - First-time claims for U.S. unemployment benefits fell by slightly more than expected in the week ended February 8th, according to a report released by the Labor Department on Thursday.
The report said initial jobless claims dipped to 213,000, a decrease of 7,000 from the previous week's revised level of 220,000.
Economists had expected jobless claims to slip to 215,000 from the 219,000 originally reported for the previous week.
The Labor Department said the less volatile four-week moving average also edged down to 216,000, a decrease of 1,000 from the previous week's revised average of 217,000.
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U.S. Producer Price Growth Slightly Exceeds Estimates In January
Following yesterday's hotter than expected consumer price inflation data, the Labor Department released a report on Thursday showing U.S. producer prices also increased by slightly more than anticipated in the month of January. The Labor Department said its producer price index for final demand rose by 0.4 percent in January after climbing by an upwardly revised 0.5 percent in December.
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U.S. Jobless Claims Dip Slightly More Than Expected To 213,000
First-time claims for U.S. unemployment benefits fell by slightly more than expected in the week ended February 8th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims dipped to 213,000, a decrease of 7,000 from the previous week's revised level of 220,000.
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U.S. Producer Prices Rise Slightly More Than Expected In January
Following yesterday's hotter than expected consumer price inflation data, the Labor Department released a report on Thursday showing U.S. producer prices also increased by slightly more than anticipated in the month of January.
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Consumer prices in the U.S. increased by more than expected in the month of January, according to a report released by the Labor Department on Wednesday. The Labor Department said its consumer price index advanced by 0.5 percent in January after climbing by 0.4 percent in December. Economists had expected consumer prices to rise by 0.3 percent.
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