labordepartment
Weekly jobless claims in the U.S. totaled 198,000 for the week ended December 25, the lowest in 52 years, according to the Labor Department. This is below Dow Jones’ forecast of 205,000 and 8,000 fewer than the period before. Q3 2021 hedge fund letters, conferences and more Weekly Jobless ClaimsCNBC reports that “When adjusting for weekly volatility, the four-week moving average for claims came to 199,250, the lowest level since Oct. 25, 1969.” Meanwhile, continuing claims followed a similar trend after plunging by 140,000 to 1.72 million, and hitting a new low since March 7 last year —days be...
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In hisDaily Market Notes report to investors, while commenting on fighting inflation, Louis Navellier wrote: Q3 2021 hedge fund letters, conferences and more Disappointing Jobs ReportThe big surprise this week was that the Labor Department reported on Friday that only 210,000 payroll jobs were created in November, which was a massive disappointment since economists were expecting 550,000 payroll jobs. However, due to a shrinking workforce, the unemployment rate declined to 4.2% in November. The October and September payroll reports were revised up to 546,000 and 379,000, respectively. Interest...
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Private payrolls in the U.S. grew by 534,000 in November, beating the 506,000 expectations according to payroll processing company ADP on Wednesday. The data shows businesses were successful at hiring staff despite rising concerns about inflation and the fear of a sluggish winter in economic terms. Q3 2021 hedge fund letters, conferences and more Private Payrolls Grow In NovemberAs reported by CNBC, private hiring in the U.S. increased by 534,000 last month, well beyond the Dow Jones estimate of 506,000. Despite the slight recovery, “The total was a decline from the October growth of 570,000, ...
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Weekly jobless claims in the U.S. reached 199,000 last week, the lowest number since November 1969, according to the Labor Department on Wednesday. Along with the historical drop, the number decreased considerably from the previous 270,000 measure. Q3 2021 hedge fund letters, conferences and more Weekly Jobless ClaimsAs reported by CNBC, new filings totaled 199,000 and beat Dow Jones estimates of 260,000. Since January this year and albeit with some fluctuations, claims have shown a decreasing trend with the nearly 270,000 recorded the week before representing a pandemic lowest. Amid what has ...
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Unemployment claims in the U.S. decreased last week, hitting the lowest number since the start of the pandemic. The labor market is seeing a slow recovery, as millions of Americans started quitting their jobs in a phenomenon already called the “Great Resignation.” Q3 2021 hedge fund letters, conferences and more Unemployment Claims, Tailing OffAs reported by Fox Business, the data released by the Labor Department on Thursday show that first-time unemployment filings for the week ended November 13 decreased slightly to 268,000 from a revised 269,000 a week earlier. Data by Refinitiv had estimat...
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In recent months the Securities and Exchange Commission (SEC) intervened in the proxy voting process, instituting changes that will modernize system after more than a decade and will help ensure that the interests of retail investors are better protected. Q3 2020 hedge fund letters, conferences and more Regulations On The Use Of Proxy AdvisorsNow, the Department of Labor has an opportunity to put tighter controls on private pension fiduciaries’ use of proxy advisors, not only supplementing the SEC’s action but simultaneously positively impacting investor behavior beyond its own jurisdiction. I...
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