More people finding work in US
19 September 2014
Unemployment figures from the US appear to show the world’s largest economy is gaining strength with shrinking jobless rolls indicating more people are finding work.
Fri, 19 Sep 2014Unemployment figures from the US appear to show the world’s largest economy is gaining strength with shrinking jobless rolls indicating more people are finding work.
The unemployment rate for people getting jobless aid fell to 1.8% from 1.9% in the previous week, its lowest level since November 2006, according to the US Labor Department.
In the week ending 13 September, the advance figure for seasonally adjusted initial claims was 280,000, a decrease of 36,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 315,000 to 316,000.
The Labor Department said there were no special factors impacting this week's initial claims.
The advance seasonally adjusted insured unemployment rate was 1.8% for the week ending 6 September, a decrease of 0.1 percentage point from the previous week's unrevised rate.
The advance number for seasonally adjusted insured unemployment during the week ending 6 September was 2,429,000, a decrease of 63,000 from the previous week's revised level.
This is the lowest level for insured unemployment since 19 May, 2007, before the onset of the global financial crisis, when it was 2,417,000.
The four-week moving average was 2,481,750, a decrease of 18,250 from the previous week's revised average. This is the lowest level for this average since 23 June, 2007 when it was 2,477,250.
The unemployment rate for people getting jobless aid fell to 1.8% from 1.9% in the previous week, its lowest level since November 2006, according to the US Labor Department.
In the week ending 13 September, the advance figure for seasonally adjusted initial claims was 280,000, a decrease of 36,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 315,000 to 316,000.
The Labor Department said there were no special factors impacting this week's initial claims.
The advance seasonally adjusted insured unemployment rate was 1.8% for the week ending 6 September, a decrease of 0.1 percentage point from the previous week's unrevised rate.
The advance number for seasonally adjusted insured unemployment during the week ending 6 September was 2,429,000, a decrease of 63,000 from the previous week's revised level.
This is the lowest level for insured unemployment since 19 May, 2007, before the onset of the global financial crisis, when it was 2,417,000.
The four-week moving average was 2,481,750, a decrease of 18,250 from the previous week's revised average. This is the lowest level for this average since 23 June, 2007 when it was 2,477,250.
