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Home Economics

USA: the number of applications for unemployment dropped

by Daniel Brown
2014/10/02
in Economics, HOME
Reading Time: 1 min read
0
USA: the number of applications for unemployment dropped

The number of Americans who first applied for unemployment benefits last week fell by 8 thousand. – Up to 287 thousand., The report said the United States Department of Labor.

According to revised data from the previous week was served 295 thousand. Applications, not 293 thousand., As previously reported.

Economists surveyed by Bloomberg, expect the growth rate to 4 thousand. Previously announced level to 297 thousand. Average number of applications over the past four weeks (less volatile measure) rose fell to 294.75 thousand. With 299 thousand.

By continuing to receive unemployment benefits of Americans for the week ending September 20 fell by 45 thousand. – Up to 2,398,000 people, the lowest level since June 2006

A week earlier, according to the corrected data, the figure was 2,443,000, 2,439,000 and not, as announced before. Economists had forecast a decline in the indicator by 14 thousand. Previously announced level to 2,425,000.

The unexpected decrease in the number of applications says steady progress in the labor market the United States. Index is at a minimum level in a decade, as companies keep employees expecting to increase demand for their products. Meanwhile, the Ministry of Labor data on Friday will show how many new jobs were created in the economy of the country in September.

“Companies are not in a hurry to lay off workers, which indicates an improvement in the labor market”, – said a senior economist at 4Cast Inc. David Sloan.

Tags: UnemploymentUSA

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