Jobless claims fall to lowest level since 2007

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Initial claims for state unemployment benefits dropped 10,000 to a seasonally adjusted 210,000 for the week ended Feb. 24, the lowest level since December 1969, the Labor Department said on Thursday. Claims for the prior week were revised to show 2,000 fewer applications received than previously reported.

April’s sharp drop in jobless claims brought the four-week average of weekly unemployment insurance applications down to 207,000, the lowest level since December 1969.

Initial claims for U.S. preceding week’s revised level of 5.817 million. The unemployment rate was 4.4% for that week, unchanged from the unrevised reading for the prior week. Since the start of.

Trend Points to Continued Improvement in Labor Market. Initial jobless claims, a proxy for layoffs, decreased by 15,000 to a seasonally adjusted 320,000 in the week ended aug. 10, the Labor Department said Thursday. The was the lowest level since October 2007, a time of financial turmoil but about two months before the formal onset of the recession.

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JOBLESS CLAIMS FALL TO ITS LOWEST LEVEL SINCE OCTOBER 2007. Sam Ro. Business Insider. April 17, 2014. Reblog. Share. Tweet. Share. pink slip jobless claims fired.. Claims climbed to just.

Jobless claims fall to lowest level since ’08.. It was the first time the rate had dropped below 8 percent since January 2009. The unemployment rate declined because a government survey of.

WASHINGTON (MarketWatch) – First-time claims for state unemployment benefits fell to their lowest level since early May in the latest week. to 313,000 compared with the initial estimate of a fall.

Initial jobless claims fell to near a seven-year low last week in. that figure dropped by 7,750 to 2.57 million for the same week. That was the lowest level since October 2007, the Labor Department.

 · Initial jobless claims fell to 300,000. Expectations were for a reading of 318,000, down from a revised 327,000 last week. Continuing claims fell to 2,631,000 from 2,648,000 prior.

Claims plummeted to 209,000, a decrease of 24,000 in the week through April 21, from the previous week’s 232,000, the lowest level since Dec. 6. Economists are forecasting that the unemployment.

Zillow: Housing recovery slows to steadier pace Annual home value growth slowed in more than half of the nation’s largest housing markets since this time last year, according to the December zillow real estate market Report. Seattle and San Jose, Calif., saw the biggest declines in appreciation over the past year. In December 2017, home values in Seattle were growing at a 12.4% annual pace.

JOBLESS CLAIMS FALL TO ITS LOWEST LEVEL SINCE OCTOBER 2007. sam ro. apr. 17, 2014, 8:23 AM. "This is the lowest level for this average since October 6, 2007 when it was 302,000," they noted.

U.S. Jobless Claims Drop, Continuing Claims Lowest Since 2007 Jobless claims fall to lowest level since 2007. touching the lowest level since May 2007, but at least part of the drop probably stemmed from lingering seasonal affects tied to a late Easter.