Jobless claims fall to lowest level since 2007

Big drop in last two weeks likely tied to late Easter, but layoffs remain low. WASHINGTON (MarketWatch) – The number of Americans who applied for unemployment benefits fell sharply for the second straight week, touching the lowest level since May 2007, but at least part of the drop probably stemmed from lingering seasonal affects tied to a late Easter holiday.

That marks the lowest number of unemployment claims since the 297,000 claims in the week of May 12, 2007. The seasonally adjusted insured unemployment rate was 2.1%, which is down 0.1% from the.

Jobless Claims Fall to Lowest Since 2007 JUL 11, 2014 – 7:11 am According to a recent report from the Labor Department, in the week ending July 5, the advance figure for seasonally adjusted initial unemployment insurance claims was 304,000, a decrease of 11,000 from the previous week’s unrevised level of 315,000.

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Trend Points to Continued Improvement in Labor Market. Initial jobless claims, a proxy for layoffs, decreased by 15,000 to a seasonally adjusted 320,000 in the week ended Aug. 10, the Labor Department said Thursday. The was the lowest level since October 2007, a time of financial turmoil but about two months before the formal onset of the recession.

The average of new claims over the past month dropped by 4,750 to 312,000, hitting the lowest level since October 2007, just two months before the recession began.

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Jobless Claims Fall Again to Lowest Level Since 2006 First-time Nevada jobless claims fall to lowest since 2007 First-time filings for unemployment benefits averaged 12,343 claims in the 12 months prior to March, the state Department of Employment.

Jobless claims fall to lowest level since 2007. Timothy Martin.. New claims for unemployment benefits fell 8,000 to 207,000 in the second week of July, the Department of Labor reported Thursday morning, the lowest such number since 1969.. the lowest such number since 1969. Where are the.

April’s sharp drop in jobless claims brought the four-week average of weekly unemployment insurance applications down to 207,000, the lowest level since December 1969.

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the lowest level for initial jobless claims since October 1969. In the first week of April, 8,000 fewer Americans filed jobless claims than in the final week of March, when 204,000 unemployed members.

US jobless claims average falls to lowest level since 2007. This is the lowest level for this average since Aug. 11, 2007 when it was 311,250.. Total initial claims for unemployment.