New claims for US unemployment benefits fell last week, the government reported Friday, resuming a downward trend that pointed to growing strength in the jobs market. Initial jobless claims fell to 372,000 in the week ending December 31, down 15,000 from the prior week, the Labor Department said. It upwardly revised the previous week's figure to 387,000. The four-week moving average, which helps smooth out volatility, fell to 373,250, a decrease of 3,250 from the prior week. The jobless data followed a better-than-expected reading on December job growth in the private sector from payrolls firm ADP, ahead of Friday's official labor report for the month. While overall jobs growth is widely expected, the average forecast is for the jobless rate to tick higher to 8.7 percent from 8.6 percent in November.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:06 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 16:17 2018 Monday ,12 November
Egypt working on 4-year plan to increase growth rateGMT 12:45 2018 Friday ,09 November
Egyptian agriculture products introduced to Japanese markeGMT 11:42 2018 Friday ,02 November
Turkey's new mega airport, boon for slowing economyGMT 13:42 2018 Monday ,29 October
Egypt's trade volume hits $67.63 bln over 9 monthsGMT 15:13 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 14:46 2018 Thursday ,11 October
Economy and energy dominate agenda in Russian-Slovak relationsMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor