l****z
发帖数: 29846 | 1 I almost, as the author and editor no doubt intended, missed this:
Unemployment Benefits Rise as Job Growth Falters
By: Reuters
New U.S. claims for unemployment benefits rose more than expected last
week, a government report showed on Thursday, pointing to a labor market
that is struggling to regain momentum after job growth faltered in the last
two months.
Initial claims for state unemployment benefits increased 10,000 to a
seasonally adjusted 418,000, the Labor Department said.
Economists polled by Reuters had forecast claims rising to 410,000. The
prior weeks figure was revised up to 408,000 from the previously reported
405,000.
The claims data covered the survey period for the closely watched
nonfarm payrolls count for July. Initial claims dropped 11,000 between the
June and July survey periods, suggesting a modest improvement in payrolls
after Junes paltry 18,000 gain.
A rise in layoffs held back payroll growth in May, according to the
departments latest Job Openings and Labor Turnover Survey, which was
released last week. Layoffs were probably be hind the downshift in
employment growth in June as well.
A government shutdown in Minnesota following a budget impasse resulted
in an additional 1,750 state employees filing claims for jobless benefits
last week.
Initial claims have now been above the 400,000 mark for 15 straight
weeks. That level is usually associated with a stable labor market.
The four-week moving average of claims, considered a better measure of
labor market trends, slipped 2,750 to 421,250.
The number of people still receiving benefits under regular state
programs after an initial week of aid dropped 50,000 to 3.70 million in the
week ended July 9.
The number of Americans on emergency unemployment benefits declined 80,
133 to 3.15 million in the week ended July 2, the latest week for which data
is available.
Did you catch that? Here it is again (in the seventh paragraph):
Initial claims have now been above the 400,000 mark for 15 straight
weeks. That level is usually associated with a stable labor market.
9%+ Unemployment is now the steady state / new normal, unexpectedly. |
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