unemployment Archive

July Employment Report

Solid job gains of 209,000 in July, bringing the 12-month tally to 2.6 million.  Job gains will be critical for home sales and commercial leasing activity in what will inevitably be a rising interest rate environment ahead. Construction related...

Unemployment Insurance Claims Fall to Lowest Levels since 2006

Initial claims for unemployment insurance filed under the regular state programs during the week ending July 19 fell 284,000—the lowest level since 2006[1]. The 4-week moving average also dipped to its lowest level since 2007[2] to 302,000 claims. Initial...

Unemployment Insurance Claims Still at Normal Levels in Week Ending June 7

There were 317,000 claims for unemployment insurance in the week ending June 7. Claims slightly increased by 4,000 from the previous week’s level, but this can be considered as normal volatility. Initial claims for unemployment insurance [1] – a...

Latest Jobs Report

The headline figure from today’s employment report was strong, but the underlying numbers still point to weakness. 288,000 payroll jobs were created in April according to the Bureau of Labor Statistics, while the March numbers were revised upward by...

10 Things to Know about the Latest Employment Data

Jobs will be ever more critical to support home sales in a rising interest rate environment. Therefore, the latest addition of 192,000 jobs in March is a big plus. The total gain over the past 12 months is 2.2...