March 21, 2024 | Daily JAM, Morning Briefing |
Initial claims for state unemployment benefits dropped 2,000 to a seasonally adjusted 210,000 for the week ended March 16, the Labor Department reported today, March 21. Economists polled by Reuters had forecast 215,000 claims in the latest week. Continuing claims for unemployment increased 4,000 to 1.807 million during the week ending March 9, the report on Thursday showed. The Federal Reserve has been looking for signs that the labor market is weakening before raising interest rates. So far the evidence is inconclusive.
December 4, 2023 | Daily JAM |
I expect a nervous market this week as investors and traders look ahead to Thursday’s weekly report on initial claims for unemployment and Friday’s report on the jobs numbers for November.
November 24, 2023 | Daily JAM, Morning Briefing |
Initial claims for unemployment fell by 24,000 to 209,000 in the week ending November 18, the Labor Department said n Wednesday. That was the biggest drop since June. Continuing claims, the number of people continuously receiving unemployment benefits, slipped to 1.84 million in the week ended Nov. 11. That was the first drop in two months.
November 16, 2023 | Daily JAM, Morning Briefing |
More news this morning pointing to a slowing economy. Initial claims for unemployment for the past week rose 13,000 to 231,000, the Labor Department Reported this morning. That’s the highest weekly figure in three months. And is yet another sign that the economy is cooling. Which would encourage the Federal Reserve to call an end to it interest rate increases and, maybe even, start to cut rates relatively soon. At least that’s how the bond market read the numbers.
March 11, 2021 | Daily JAM, Morning Briefing |
New claims for unemployment dropped to 712,000 in regular state programs in the week ended March 6, the Labor Department reported today. That drop of 42,000 from the prior week was a bigger drop than economists had projected. Economists surveyed by Bloomberg were looking for 725,000 new claims in regular state programs.
May 7, 2020 | Daily JAM, Morning Briefing |
Initial claims for unemployment totaled 3.17 million for the week ended May 2, the Labor Department reported today. Economists surveyed by Bloomberg had projected 3 million new claims for the week. This week's total was down from the 3.85 million initial claims filed...
July 19, 2018 | Daily JAM, Notes You Need |
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don't justify a full post. I've decided to start compiling these notes here each day in a kind of running mini blog that I'm calling Notes...
January 4, 2018 | Daily JAM, Notes You Need |
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. A typical post resembles this from today: “2:40 p.m.: Technology analysts are expecting Alphabet (GOOG) to make a big splash at next week’s Consumer Electronics Show in Las Vegas. The likelihood is that Alphabet will promote Pixel 2 and Pixel 2 XL phones, the Google Home Mini smart speaker, and the new Daydream View VR headset. New Chromebooks to follow up on the PixelBook are also a strong possibility.”
December 28, 2017 | Daily JAM, Notes You Need |
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. A typical post looks much like this entry from today: “10:20 a.m.: Cook County, the county that includes Chicago, has announced a lawsuit against makers of prescription opioid painkillers such as OxyContin and Percocet. The lawsuit cites the companies’ “coordinated, sophisticated, and highly deceptive marketing.” Cook County has seen a 70% increase in opioid-related deaths between 2015 and 2016.”
October 19, 2017 | Daily JAM, Notes You Need |
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. Today’s items include this one: “10:40 a.m.: Alphabet’s (GOOG) investment arm, CapitalG, has led a $1 billion round of investment in Lyft. The new round values Lyft at $11 billion. The funding is significant since Alphabet has been a big supporter of Uber and this investment suggests that Alphabet’s Waymo autonomous vehicle unit will work more closely with Lyft.”
September 7, 2017 | Daily JAM, Notes You Need |
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. I launched this new feature on JubakAM.com on December 1. It runs only on JAM and won’t appear anywhere else. 10:20 a.m.: Initial claims for unemployment in the week ended on September 2 rose by 62,000 to 298,000.
June 19, 2017 | Daily JAM |
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