Skip to content
  
  

Zxcoachoutlet

Business

Menu
  • business
  • finance
  • insurance
  • money
  • personal

Tag: Sluggish

Sluggish Improvement in Unemployment Claims Distorted by California

October 9, 2020
| No Comments
| business

Initial Claims

There has very slight slight improvement in initial claims for six weeks.

For the weeks ending August 29, September 5, September 12, September 17, September 26, and October 3 there were 884,000, 893,000, 866,000, 873,000, 849,000, and 840,000 seasonally-adjusted claims respectively according to the Department of Labor.

Given margins of error on seasonally adjusted data there has been essentially no progress for six weeks.

Continued Claims

Continued State Unemployment Claims in 2020 October 7 Report

Continued claims lag initial claims by a week.

For the weeks ending August 29, September 5, September 17, and September 26, there were 13,554,000, 12,747,000, 12,747,000, 11,979,000, and 10,976,000 seasonally-adjusted claims respectively.

These numbers are continually revised.

The downward slope (pace of progress) has not changed since May. 

It’s continued state claims that determine the official unemployment rate, not that anyone of intelligence believes the BLS number.

All Continued Claims

All Continued Claims in 2020 Oct 7 Report

All Continued Claims are not seasonally adjusted. They also lag initial claims

… Read More

Read More »

Posted in %1$s Tagged %1$s

Stock Market Today With Jim Cramer: Job Recovery Sluggish

October 2, 2020
| No Comments
| business

Stocks tumbled Friday after President Donald Trump and the first lady tested positive for the coronavirus and the U.S. added fewer jobs in September than forecasts predicted.

The Dow Jones Industrial Average barely rose 0.02%, to 27,794, the S&P 500 declined 0.62% and the Nasdaq dropped 1.92%.

TheStreet’s Katherine Ross discussed breaking news in the stock market on Street Lightning. Cramer spoke about job recovery in the U.S., the stimulus package and Amazon.

Jobs Recovery Past Forgiveness Period

U.S. employers added fewer-than-expected new jobs last month, data from the Labor Department confirmed Friday, as hiring slowed sharply from August amid new layoffs and a broader economic slowdown linked to the coronavirus pandemic.

The net new job total rose by 661,000 and the unemployment rate was at 7.9%. Economists surveyed by Dow Jones had been expecting a payroll gain of 800,000 and the unemployment rate to fall to 8.2% from 8.4%

… Read More

Read More »

Posted in %1$s Tagged %1$s

Recent Posts

  • Barrett says George Floyd video was ‘very personal’ for her family
  • M1 Finance closes $45M Series C mere months after it raised its $33M Series B
  • The Wake Up for Wednesday, Oct. 14, 2020
  • Business Leaders from Finance, Technology, Retail and Hospitality Call For Civility and Patience Ahead of The 2020 Election | News
  • Personal Preparedness is a Year-Round Commitment and More Important Than Ever

Archives

  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020

Categories

  • business
  • finance
  • insurance
  • money
  • personal
January 2021
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
« Oct    

Tags

Announces Bank Big billion Business Buy Car Company Coronavirus COVID19 deal Debate demand dollar finance Financial Global Group Growth Health Home insurance Investing Investors IPO Jobs Life Market Markets million money News Oil Pandemic personal Recovery report September shares Stimulus Stock stocks Talks Top Trump

About Us

  • Advertise Here
  • Contact Us
  • Privacy Policy
  • Sitemap

Hairstyle 2020 | All Rights Reserved.

Hairstyle theme by Flythemes