December 16, 2020 | Daily JAM |
Tomorrow’s report from the Labor Department will show 815,000 American workers filed initial claims for unemployment in the week ended December 12, according to economists surveyed by Bloomberg. That would be an improvement from the 850,000 new claims filed in the prior week but it would extend the break of a seven-week stretch where new claims stayed under 800,000
December 3, 2020 | Daily JAM, Morning Briefing |
Initial claims for unemployment in regular state programs fell by 75,000 to 712.000 for the week ended November 28. That was the first decline in new claims for unemployment in three weeks. And a big improvement over the 775,000 initial claims that economists had projected before the report from the Labor Department. And stocks barely moved higher on the news. I’d characterize the reaction as a big yawn. What gives?
November 25, 2020 | Daily JAM, Morning Briefing, Short Term |
The number of Americans filing initial claims for unemployment in regular state unemployment programs climbed by 30,000 in the week ended November 21, the Labor Department reported today, November 25. For the week initial claims in state programs rose to a seasonally adjusted 778,000. Economists surveyed by Reuters had expected 730,000 new claims for the week. This is the second straight week for an increase in new claims for unemployment and adds to other data showing the U.S. economy is slowing under the impact of a new surge in coronavirus infections and a rising number of restrictions on economic activity as states attempt to slow the spread of the virus.
November 19, 2020 | Daily JAM |
For the week ended November 14, 742,000 workers filed new claims for unemployment in regular state programs. That was an increase of 31,000 from the prior week. The increase was the first in five weeks.
November 12, 2020 | Daily JAM, Morning Briefing |
New claims for unemployment in regular state-run programs fell to an adjusted 709,000 in the week en... To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing...
November 5, 2020 | Daily JAM |
Today, the Bureau of Labor Statistics announced that the seasonally adjusted number of initial claims for unemployment in regular state programs for the week ended October 31 was 751,000, a decrease of 7,000 from the previous week's revised level. The previous week's...
October 22, 2020 | Daily JAM, Morning Briefing, Short Term |
New claims for unemployment in regular state programs fell to 787,000 last week. Economists surveyed by Bloomberg had been expecting 875,000 for the week ended October 17. The total showed a drop of 55,000 from the revised figure of 842,000 for the prior week. The...
October 15, 2020 | Daily JAM, Morning Briefing, Short Term |
The number of new unemployment claims in regular state-run programs rose last week to a seasonally adjusted 898,000. That's up 50,000 for the prior week and the biggest increase in first-time unemployment claims since August. The economy has clearly stalled with new...
October 8, 2020 | Daily JAM, Morning Briefing |
The number of initial claims for unemployment for the week ended October 3 was 840,000, the Department of Labor reported this morning. That was above the 820,000 projected by economists surveyed by Bloomberg. And up, er, I mean down, from the 849,000 new claims...
October 7, 2020 | Daily JAM |
Initial claims for unemployment for the week ended October 3 will total 820,000 in tomorrow's report from the Department of Labor, according to economists surveyed by Bloomberg. That would be a drop from initial claims of 837,000 in the prior week. The relatively...
September 24, 2020 | Daily JAM, Morning Briefing |
This morning the Labor Department reported that another 870,000 workers filed new applications for state-run unemployment insurance for the week ended September 19. (That's on a adjusted basis.) That compares to 866,000 initial claims in the prior week. Another...
September 17, 2020 | Daily JAM, Mid Term, Morning Briefing |
There'd nothing very clear about the trend in today's report on new claims for unemployment in the week ended on September 12. (The period is important because it coincides with the survey period for the monthly jobs report for September.) The number of Americans...