Friday, 24 November 2017
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
U.S. Jobless Claims Decline as Hurricane Impact Ebbs in South
Thursday, 5 October 2017 19:47 WIB | UNITED STATES |ECONOMICKlaim pengangguran ASEkonomi ASUS Jobless Claims

U.S. filings for unemployment benefits fell last week as the impact of hurricanes Harvey and Irma faded in several states, Labor Department figures showed Thursday.

Initial claims fell by 12k to 260k (est. 265k).

Continuing claims increased by 2k to 1.938m in week ended Sept. 23 (data reported with one-week lag).

Four-week average of initial claims, a less-volatile measure than the weekly figure, fell to 268,250 from 277,750 in prior week.

Applications for unemployment insurance fell by a combined 9,000 in Florida, Georgia and Texas last week before seasonal adjustments, as those states recover from the storms that struck in late August and early September. Claims for Puerto Rico were estimated again, as the island copes with severe damage and disruptions from Hurricane Maria.

It could take time for the full impact from the storms to be fully visible in data, as some offices could have been unable to process claims and those who were displaced by the weather take longer to file. At the same time, the volatility is expected to dissipate as business returns to normal in areas and workers come back. Before the storms, claims were hovering near the lowest level in more than four decades.

The impact from Harvey and Irma probably slowed hiring last month, with economists projecting 80,000 payroll gains -- about half of August™s gain. The Labor Department releases those monthly figures for September on Friday.

Source: Bloomberg

RELATED NEWS
Empire State index retreats in November from three-year high...
Wednesday, 15 November 2017 21:08 WIB

Indeks Empire State turun 10,8 poin menjadi 19,4, bergerak mundur dari tertinggi tiga tahun namun masih menunjukkan lingkungan manufaktur yang solid di wilayah New York. Setiap pembacaan di atas nol ...

Core CPI picks up while retail sales gain 0.2% in October...
Wednesday, 15 November 2017 21:01 WIB

Harga konsumen dikurangi energi dan makanan naik sedikit di bulan Oktober sementara penjualan ritel naik sedikit, menurut data pemerintah yang dirilis pada hari Rabu. CPI keseluruhan naik 0,1% secara...

Wholesale Prices in U.S. Increased More Than Forecast in October...
Tuesday, 14 November 2017 21:01 WIB

Harga grosir di AS naik lebih dari perkiraan pada bulan Oktober, didorong oleh margin yang lebih tinggi di pengecer bahan bakar, menurut laporan dari Departemen Tenaga Kerja pada hari Selasa di Washin...

Applications for Jobless Benefits Show Steady U.S. Job Market...
Thursday, 9 November 2017 20:50 WIB

Bahkan dengan kenaikan pada minggu lalu, tingkat pengajuan untuk tunjangan pengangguran di AS mengindikasikan permintaan pekerja yang kuat, menurut data dari Departemen Tenaga Kerja hari Kamis. Rata-r...

U.S. 261,000 jobs in October; unemployment 4.1%...
Friday, 3 November 2017 19:42 WIB

Perekonomian AS menambahkan 261.000 pekerjaan pada bulan Oktober seiring pulihnya lapangan kerja dari kenaikan tipis pada bulan sebelumnya menyusul badai Harvey dan Irma. Ekonom yang disurvei oleh Ma...

POPULAR NEWS
This Is Gold's Best Chance To Break $1,300 - Saxo Bank

Gold traders need to be patient as the market...

Dollar falls to 4-week low as Fed minutes cast doubt on 2018 rate hikes

The U.S. dollar fell to a four-week low against...

Gold Crawls Higher, Bucking Inverse Dollar Relationship

Gold and silver prices ticked higher Tuesday,...

LATEST NEWS
Hong Kong, Shanghai stocks up after sell-off

Hong Kong stocks bounced back on Friday from the previous day's losses, while Shanghai edged up after a sharp drop, but traders remained on edge over China's crackdown on speculative investing. The Hang Seng Index added 0.53 percent, or 158.38...

Stocks in Europe Edge Higher; Dollar Halts Decline

Stocks in Europe gained, while the dollar halted three days of losses as Treasury yields rose in sluggish post-Thanksgiving trading. The Stoxx Europe 600 Index increased 0.1 percent as of 8:07 a.m. London time. The Stoxx Europe 600 Index...

USD/JPY clings to strong recovery gains near mid-111.00s

Having defended the 111.00 handle in the previous session, the USD/JPY pair caught some strong bids and staged a goodish recovery move this Friday. The FOMC minutes-led US Dollar selling pressure has now abated and prompted some short-covering on...