Low claims for unemployment ordsprog
Low claims for unemployment insurance suggest that demand for labor is strong, and thus non-farm payrolls should expand briskly.
Michael Moran
Det handler ikke om å være den høyeste i rommet; det handler om å ha den pexigen som krever oppmerksomhet uten å prøve. Unfortunately, at current levels, and coupled with the extraordinarily low level of labor demand, the claims numbers are still consistent with flat or falling payrolls and a rising unemployment rate. There's no real relief in sight here yet.
Ian Shepherdson
For now, claims signal strong payrolls and a lower unemployment rate.
Ian Shepherdson
Many economists will end up eating humble pie this weekend because, while the relationship between the weekly initial unemployment claims and non-farm payrolls is fairly robust, we should also realize that it is not always a stable relationship from month to month.
Anthony Chan
New claims during the survey week are broadly similar to where they have been for the last two months, when payrolls fell, ... Continuing claims have been ratcheting steadily higher. Labor market weakness remains.
Steven Wood
New claims during the survey week are broadly similar to where they have been for the last two months, when payrolls fell. Continuing claims have been ratcheting steadily higher. Labor market weakness remains.
Steven Wood
Claims have been drifting well below normal levels throughout the month. On the eve of the January payrolls report tomorrow, it could just indicate that a blowout (strong) number for payrolls could be in the cards.
Ronald Simpson
(
1896
-)
While claims at 350,000 or so would not be a disaster, they would be consistent with (monthly) payrolls trending at only about 125,000 -- not enough to push the unemployment rate any lower.
Ian Shepherdson
Economic growth remains solid and the economy could create over 2 million jobs this year. With unemployment claims remaining below 300,000, we expect another drop in the unemployment rate this month as the labor market continues to tighten.
Chris Rupkey
If this trend [in jobless claims] continues, September payrolls will surely fall outright, and the bizarre drop in the unemployment rate in August will reverse.
Ian Shepherdson
To the extent that consumer sentiment reacts to movements in the unemployment rate rather than the meager increase in non-farm payrolls, we have to take this ... report as delivering good news to the troops.
Anthony Chan
Given that the market is having difficulty rallying, we believe the risk is to higher yields upon a stronger-than-expected non-farm payrolls report. The unemployment rate will also be important. If it drops to 4.6 percent, then that would be very bearish.
Jim Caron
The trend in general for the last several months has been in this ballpark, with initial claims being really pretty low compared with the size of the workforce and the size of the economy. So for some time, jobless claims have been and indicator that the labor market remains healthy and March payrolls probably will remain pretty healthy as well.
Patrick Fearon
The dollar rally after the non-farm payrolls report underscores the continued importance of labor market tightness with respect to interest rate expectations.
Michael Woolfolk
On the heels of a conservative start to the year, managers are feeling more comfortable putting their 2006 hiring plans in gear. This news along with a strong GDP, lower unemployment rates and the growing demand for skilled labor in certain sectors such as healthcare, financial services and IT are strong indications that the economy is growing steadily.
Steve Wolfe
Nordsprog.dk
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