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U.S. Weekly Jobless Claims Unexpectedly Edge Lower
(RTTNews) - A report released by the Labor Department on Thursday unexpectedly showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended July 12th.
The Labor Department said initial jobless claims fell to 221,000, a decrease of 7,000 from the previous week's revised level of 228,000.
Economists had expected jobless claims to rise to 235,000 from the 227,000 originally reported for the previous week.
The report said the less volatile four-week moving average also slipped to 229,500, a decrease of 6,250 from the previous week's revised average of 235,750.
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U.S. Services Index Climbs To Six-Month High In August
Service sector growth in the U.S. accelerated by more than anticipated in the month of August, according to a report released by the Institute for Supply Management on Thursday. The ISM said its services PMI rose to 52.0 in August from 50.1 in July, with a reading above 50 indicating growth. Economists had expected the index to inch up to 50.5.
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U.S. Labor Productivity Surges 3.3% In Q2, Much More Than Previously Estimated
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U.S. Trade Deficit Widens More Than Expected As Imports Spike
With the value of imports spiking, the Commerce Department released a report on Thursday showing the U.S. trade deficit widened more than expected in the month of July. The Commerce Department said the trade deficit shot up to $78.3 billion in July from a revised $59.6 billion in June. Economists had expected the trade deficit to increase to $75.7 billion.
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U.S. Jobless Claims Rise More Than Expected To Two-Month High
A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 30th. The Labor Department said initial jobless claims climbed to 237,000, an increase of 8,000 from the previous week's unrevised level of 229,000.
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U.S. Private Sector Job Growth Slows More Than Expected In August
A report released by payroll processor ADP on Thursday showed private sector employment in the U.S. increased by less than expected in the month of August. ADP said private sector employment rose by 54,000 jobs in August after jumping by an upwardly revised 106,000 jobs in July. Economists had expected private sector employment to rise by 65,000 jobs.
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U.S. Labor Productivity Surges Much More Than Previously Estimated In Q2
A report released by the Labor Department showed labor productivity in the U.S. surged by much more than previously estimated in the second quarter of 2025.
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U.S. Trade Deficit Widens More Than Expected In July
With the value of imports spiking, the Commerce Department released a report on Thursday showing the U.S. trade deficit widened more than expected in the month of July.
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U.S. Weekly Jobless Claims Rise More Than Expected
A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 30th.
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Před 8 h 39 min
