Jobless Claims Increase But Remain Relatively Low

Jan. 12, 2006
Initial claims for unemployment insurance increased last week to 309,000, some 17,000 higher than the previous week's unexpectedly low total of 292,000, the U.S. Labor Department reported on Jan. 12. The department's four-week moving average of initial ...

Initial claims for unemployment insurance increased last week to 309,000, some 17,000 higher than the previous week's unexpectedly low total of 292,000, the U.S. Labor Department reported on Jan. 12.

The department's four-week moving average of initial jobless claims, a better indicator of underlying labor market conditions because it smooths out week-to-week changes, continued to decrease, however. For the week ending Jan. 7, the moving average was 311,500 claims, some 5,500 less than the previous week's average of 317,000.

Popular Sponsored Recommendations

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

3 Best Practices to Create a Product-Centric Competitive Advantage with PRO.FILE PLM

Jan. 25, 2024
Gain insight on best practices and strategies you need to accelerate engineering change management and reduce time to market. Register now for your opportunity to accelerate your...

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!