Initial Jobless Claims

Dated: 10/25/2016

Views: 65

First-time claims for unemployment benefits filed by the recently laid off during the week ending October 15 hit 260,000, a gain of 13,000 claims from the preceding week’s total of 247,000 claims, the Employment and Training Administration reported.

The four-week moving average — considered a more reliable measurement of layoffs — notched up to 251,750, an increase of 2,250 claims from the prior week’s average of 249,500.

Last week’s performance marked 85 straight weeks of initial jobless claims staying below 300,000, which economists consider indicative of a growing job market. This is the longest such streak since 1970.

Blog author image

Don Fleming

Don Fleming has been practicing real estate for more than 10 years , with the primary goal to become a trusted advisor for his clients. He specializes in new construction, where he leverages his exten....

Latest Blog Posts

The Rise Of Voice Assistants Siri Alexa And Google Assistant

Having an individual right hand is extraordinary. You have somebody to set your arrangements, discover bearings to your next gathering, even request a pizza for you. On the off chance that you have

Read More

Should I Wait Until Next Year To Buy Or Buy Now

The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates

Read More

New Construction Town Homes For Sale In Downtown Wake Forest NC Franklin Street Townes

This community is selling quickly. Visit us now to take advantage of special incentives. Visit http://franklinstreettownes.com/ to learn about the community, floor plans and!

Read More

Market Update For January 2018 Durham Johnston Orange And Wake RaleighGreatHomescom

Market Update for January 2018 Durham, Johnston, Orange, and Wake RaleighGreatHomes

Read More