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U.S. Weekly Jobless Claims Unexpectedly Dip To 201,000
(RTTNews) - A report released by the Labor Department on Thursday showed an unexpected dip in first-time claims for U.S. unemployment benefits in the week ended February 17th.
The Labor Department said initial jobless claims fell to 201,000, a decrease of 12,000 from the previous week's revised level of 213,000.
Economists had expected jobless claims to rise to 218,000 from the 213,000 originally reported for the previous week.
The report said the less volatile four-week moving average also edged down to 215,250, a decrease of 3,500 from the previous week's revised average of 218,750.
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U.S. Jobless Claims Unexpectedly Climb To Nearly Four-Year High
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Following yesterday's report showing an unexpected dip by producer prices, the Labor Department released a separate report on Thursday showing U.S. consumer prices rose by slightly more than expected in the month of August.
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U.S. Wholesale Inventories Inch Up 0.1% In July, Slightly Less Than Expected
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U.S. Producer Prices Unexpectedly Edge Slightly Lower In August
Largely reflecting a sharp pullback in prices for trade services, the Labor Department released a report on Wednesday unexpectedly showing a modest decrease by U.S. producer prices in month of August. The Labor Department said its producer price index for final demand edged down by 0.1 percent in August after climbing by a downwardly revised 0.7 percent in July.
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U.S. Producer Prices Unexpectedly Edge Down 0.1% In August
Largely reflecting a sharp pullback in prices for trade services, the Labor Department released a report on Wednesday unexpectedly showing a modest decrease by producer prices in the U.S. in the month of August.
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