Sign in | Join us  
      
 Popular Searches:diamond,cbn,tuck point blade,cup wheel,saw blade, brown fused alumina
Home -- Information


  Featured Companies
 • Yantai Cct Metal…
 • Dymend Tools Co.,…
 • Henan Boreas New…
 • Yancheng Xiehe Machinery…
 • EKF Industrial Supplies…
 • Ruishi New Material…
 • MORESUPERHARD
 • Henan Banner New…
 • Zhengzhou best synthetic…
 • Zhengzhou Haixu…

 Print  Add to Favorite
Custom your font size:     

U.S. jobless claims up 9,000


Post Date: 25 Jun 2011    Viewed: 426

The number of Americans initially applying for unemployment aid rebounded last week after falling a week earlier, a fresh sign that the labor market recovery was still weak and volatile, the U.S. Labor Department reported Thursday.


The Labor Department said the advance figure for seasonally adjusted initial claims for jobless benefits was 429,000 in the week ending June 18, an increase of 9,000 from the prior week's revised figure.


It was the biggest gain in a month and the second increase in three weeks, marking the 11th consecutive week that applications have been above 400,000.


Fewer than 425,000 people applying for aid is consistent with modest job growth, but the number of jobless claims will have to fall to 375,000 or below to signal a sustained drop in the unemployment rate.


However, the four-week moving average, which is the more closely watched claims figure, held unchanged at 426,250.


The advance figure for seasonally adjusted insured unemployment during the week ending June 11 was 3.697 million, a decrease of 1,000 from the previous week.


U.S. economic growth has slowed in recent months, curtailing the labor market's recovery. The U.S. Federal Reserve Wednesday projected the unemployment rate to be around 8.6 percent to 8.9 percent by the end of the year, higher than its April forecast.


The weekly figures of jobless benefits applications reflect the level of layoffs and indicate the real-time condition of job market.

 


Superhard Material of China

Superhard Material of China

Abrasives and Grinding Products of China

Abrasives and Grinding Products of China

Coated Abrasives of China

Coated Abrasives of China

Chia International Abrasives & Grinding Exposition

China International Abrasives & Grinding Exposition

Home | About Us | Members | Contact | Advertising Quotation
Supported by Yuanfa Information Technology co.,Ltd
Copyright ©Abrasivesunion 2006. All rights reserved
Page rendered in 0.0202 seconds
增值电信业务经营许可证:豫B2-20202116  ICP备案:豫B2-20100036-2