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U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower
(RTTNews) - A report released by the Labor Department on Thursday unexpectedly showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended March 8th.
The Labor Department said initial jobless claims edged down to 220,000, a decrease of 2,000 from the previous week's revised level of 222,000.
The dip surprised economists, who had expected jobless claims to inch up to 225,000 from the 221,000 originally reported for the previous week.
Meanwhile, the report said the less volatile four-week moving average crept up to 226,000, an increase of 1,500 from the previous week's revised average of 224,500.
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U.S. Weekly Jobless Claims Unexpectedly Edge Down To 220,000
A report released by the Labor Department on Thursday unexpectedly showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended March 8th. The Labor Department said initial jobless claims edged down to 220,000, a decrease of 2,000 from the previous week's revised level of 222,000. The dip surprised economists, who had expected jobless claims to inch up to 225,000.
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1 day ago
U.S. Producer Prices Unexpectedly Flat In February
With an increase in prices for goods offset by a decrease in prices for services, the Labor Department released a report on Thursday showing producer prices in the U.S. were unexpectedly flat in the month of February. The Labor Department said its producer price index for final demand was unchanged in February after climbing by an upwardly revised 0.6 percent in January.
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1 day ago
U.S. Producer Price Index Unexpectedly Unchanged In February
With an increase in prices for goods offset by a decrease in prices for services, the Labor Department released a report on Thursday showing producer prices in the U.S. were unexpectedly flat in the month of February.
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1 day ago
U.S. Consumer Prices Rise Less Than Expected In February, Annual Growth Slows
A report released by the Labor Department on Wednesday showed consumer prices in the U.S. increased by slightly less than expected in the month of February. The Labor Department said its consumer price index crept up by 0.2 percent in February after climbing by 0.5 percent in January. Economists had expected consumer prices to rise by 0.3 percent.
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U.S. Consumer Prices Rise Slightly Less Than Expected In February
A report released by the Labor Department on Wednesday showed consumer prices in the U.S. increased by slightly less than expected in the month of February.
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U.S. Job Openings Increase More Than Expected To 7.74 Million In January
A report released by the Labor Department on Tuesday showed job openings in the U.S. increased by more than expected in the month of January.
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U.S. Dollar Climbs Off Worst Levels But Continues To See Moderate Weakness
The U.S. dollar is seeing moderate weakness during trading on Friday, extending the downward move seen over the past week amid concerns about the impact of President Donald Trump's new tariffs.
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Powell Says Fed 'Well Positioned' To Wait For 'Greater Clarity' About Impact Of Trump's Policies
Citing uncertainty about the effects of President Donald Trump's policy changes, Federal Reserve Chair Jerome Powell reiterated Friday that the central bank does not "need to be in a hurry" to adjusted interest rates. Powell argued the Fed is "well positioned to wait for greater clarity" about the impact of Trump's policy changes.
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