Stock Market News
US weekly unemployment claims increase by more than expected
US jobless claims for last week increased by moderately more than markets were expecting.
Initial unemployment claims for the week ending on 12 May rose by 11,000 to reach 222,000, according to the Department of Labor, versus a Barclays forecast for a print of 215,000.
The four-week moving average meanwhile, which aims to smoothe out the volatility in the figures from one week to the next, fell by 2,750 to 213,250.
Secondary unemployment claims, those which are not filed for the first time and referencing the prior week ending on 5 May, also retreated, shrinking by 87,000 to 1.707m.
That was the lowest reading for secondary unemployment claims since the 1.692m hit on 1 December 1973.
Initial unemployment claims for the week ending on 12 May rose by 11,000 to reach 222,000, according to the Department of Labor, versus a Barclays forecast for a print of 215,000.
The four-week moving average meanwhile, which aims to smoothe out the volatility in the figures from one week to the next, fell by 2,750 to 213,250.
Secondary unemployment claims, those which are not filed for the first time and referencing the prior week ending on 5 May, also retreated, shrinking by 87,000 to 1.707m.
That was the lowest reading for secondary unemployment claims since the 1.692m hit on 1 December 1973.
Related share prices |
---|
Stock News headlines are gathered from financial news sources around the web. Views and opinions on each item are from their respective authors and website. They are not opinions of LiveCharts.co.uk
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- Top Large UK Shares
- UK Market Sectors
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Royal Mail share price
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Santander share price
- NEXT share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways
- Centrica share price
- Tesco share price
- Taylor Wimpey Share Price
- National Grid
- GKP Share Price
- Marks and Spencer
- Rolls Royce
- Rio Tinto
- THG Share Price
- Aviva Share Price
- Boil Share price
- Easyjet Share Price
- Genedrive Share Price
- SSE Share Price
- IAG Share Price
- Boohoo share price
- HE1 share price
- AVCT share price
- BOOM share price