Sunday, June 1, 2025

Latest

US Loses Another 3.8M Jobs Last week; Nearly 30M in 6 Weeks.

This morning the Department of Labor released the initial jobless claims data for the week ending April 25, the advance figure for seasonally adjusted initial claims was 3,839,000, another decline in data, however cumulatively we are now at over 30M claims over the last 6 weeks.


The four week moving average from jobless claims has now fallen to that of 5,033,250, a decrease of 757,000 from the previous week’s moving average. By comparison, the advance seasonally adjusted insured unemployment rate rose to 12.4% during the week ending April 18, a rise of 1.5% from the week prior. The data is reported with a one week delay relative to jobless claims.


Information for this briefing was found via the Department of Labor. The author has no securities or affiliations with any of the mentioned securities. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

2 Responses

Leave a Reply

Video Articles

Alamos Gold Q1 Earnings: The Inside Scoop

Cerrado Gold Q4 Earnings: The Turnaround is Working

B2GOLD Q1 Earnings: Revenue Up, Production & Cash Flow Decline

Recommended

Canadian Copper: The $172M Combined Strategy PEA

ESGold Begins Concentration Tests Ahead Of First Production

Related News

Airline Groups Propose ‘Digital Health Passports’ in Leu of Quarantines as Pandemic Continues to Cripple Industry

As the recovery for air travel demand continues to be pushed back further and further...

Sunday, November 15, 2020, 03:42:00 PM

Lyft Lays Off Employees, Reduces Salaries Amid Decreased Demand for Ride-sharing Services

Lyft Inc (NASDAQ: LYFT) has not been faring too well through the coronavirus pandemic. The...

Friday, May 1, 2020, 08:24:26 AM

US Coronavirus Cases Surpass Daily Record Once Again, 67,700 New Infections Reported in One Day

The US has once again hit a grim milestone in new coronavirus cases, with the...

Thursday, July 16, 2020, 07:04:00 PM

Datametrex Sees Second Sale Of COVID-19 Test Kits To Canadian Mine Operator

Datametrex AI Limited (TSXV: DM) is in the business of recurring sales evidently. The company...

Wednesday, June 24, 2020, 09:00:32 AM

Curaleaf Breaks Trend, Begins Hiring Due To Pandemic Demands

It appears that Curaleaf Holdings (CSE: CURA) has broken the latest trend in the cannabis...

Tuesday, March 24, 2020, 08:52:04 AM