Jobless claims rise more than expected
WASHINGTON - The number of people who are looking for unemployment benefits jumped substantially last week, after two weeks of straight decline, showing that the labour market remains under pressure.
Increasing the undermine hopes that unemployment benefits after fallen four times in five weeks, a sustained declining trend.Would signal redundancies were slowing, hiring was ramasser.Au place this claims remain stuck at a high level.
"Those who seek an imminent outbreak of job creation for another week, likely to be disappointed," said Dan Greenhaus, Chief economic strategist at Miller Tabak, in a note to clients.
In the meantime, hand work expenses fell and productivity has rebounded somewhat, although the effectiveness of U.S. workers is at a much lower pace than year last in a sign that companies may have to intensify their hiring.
The Ministry of labour declared Thursday initial claims for unemployment increased by 20,000 to a 457,000 seasonally for the week ending 30 octobre.Les Wall Street analysts surveyed by Thomson Reuters had expected a smaller increase.
The increase comes after claims fell in four of the five preceding weeks.These drops had lodged complaints to their lowest level since July and raised hopes to improve the labour market.
History: New Congress faces difficult economic choicesInstead of this, claims rose back above the level of 450,000, they fluctuated around year-round .they should drop below of 425,000 to report the supported employment earnings.
Emergency benefits program repeatedly extended by Congress, is set to expire at the end of this mois.De many analysts doubt that Congress will extend it to nouveau.Qui could lead up to a million people per month to lose benefits, according to the national employment law project a non-profit group.
Still the same after GOP finished celebrating, D.C. will still see no easy solution to employment, housing and déficit.Vie Inc.: Elkhart is no. 1 and now it is a good way Life.: the tax man moves online Life.: we're hiring!(for a few months, anyway)U.S. non-farm productivity has increased more rapidly than expected in the third quarter and unit costs of work hand dropped, according to a report by the Government further underlined an anemic recovery.
Productivity grew at an annual rate of 1.9% after shrinking to 1.8 percent pace in the second quarter, said the Department of the workgroup.troubleshooting 1.9% increase in productivity was still well below the increase of 3.5% discounts for all of 2009, advance more in six years.
Analysts polled by Reuters had forecast productivity, a measure of the hourly production per worker is taken as an indicator of the vitality of the economy or the absence thereof, rising at a rate of 1.0% in the third quarter.
Unit costs of the hand of work, of potential inflationary pressures and closely monitored by, Federal Reserve tonnage fell at a rate of 0.1% after a revision increased 1.3% in the second trimestre.Les economists expect unit hand work costs to increase at a rate of 0.7% in the third quarter.
History: Bernanke: inflation concerns are "overvalued".In addition, the US Federal Reserve announced Wednesday it would inject $ 600 billion into the economy through governmental purchases of link in the middle of the year next to push the low interest rates and the sickly economy.
Recovery in the economy of the longest and deepest recession since the 1930s suffered a setback, leaving uncomfortably high unemployment .the ' economy grew at a sluggish 2.0 percent annual pace in the third quarter, a touch faster than the rate of 1.7 per cent in the second quarter, but in a way below potential.
Total non-agricultural production grew at a rate of 3.0% during the period from July to September, said the Ministry of labour, accelerated to a rate of 1.6% in the second trimestre.Des hours worked increased at a slower rate of 1.1% after a percentage of 3.5 pace in the second quarter
The Associated Press and Reuters have contributed to this report.
0 Response to "Jobless claims rise more than expected"
Post a Comment