Times are bad

2021-04-22

Times are bad

Jobless claims preview: Another 610,000 Americans likely filed new unemployment claims

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Angusy
2021-04-27
Angusy
Market is Good wheN times are bad...americans lazy to work all take free money from govt and invest in stocks
- andyzui:
  I also lazy to work
Angusy
2021-04-22
Angusy
No good

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":378452647,"tweetId":"378452647","gmtCreate":1619056858589,"gmtModify":1704718956621,"author":{"id":3571885278258727,"idStr":"3571885278258727","authorId":3571885278258727,"authorIdStr":"3571885278258727","name":"andyzui","avatar":"https://static.tigerbbs.com/af10d3205773c13fedb461b75f3489ae","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":8,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Times are bad</p></body></html>","htmlText":"<html><head></head><body><p>Times are bad</p></body></html>","text":"Times are bad","highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/378452647","repostId":2129808688,"repostType":4,"repost":{"id":"2129808688","kind":"news","pubTimestamp":1619053236,"share":"https://www.laohu8.com/m/news/2129808688?lang=&edition=full","pubTime":"2021-04-22 09:00","market":"us","language":"en","title":"Jobless claims preview: Another 610,000 Americans likely filed new unemployment claims","url":"https://stock-news.laohu8.com/highlight/detail?id=2129808688","media":"Yahoo Finance","summary":"New weekly jobless claims likely edged higher last week after plunging to the lowest level since the","content":"<p>New weekly jobless claims likely edged higher last week after plunging to the lowest level since the start of the pandemic.</p>\n<p>The Department of Labor will release its weekly report on new jobless claims on Thursday at 8:30 a.m. ET. Here were the main metrics expected from the report, compared to consensus data compiled by Bloomberg:</p>\n<ul>\n <li><p><b>Initial jobless claims, week ended April</b> <b>17: </b>610,000 expected vs. 576,000<b> </b>during the prior week</p></li>\n <li><p><b>Continuing claims, week ended April 3:</b> 3.640 million expected vs. 3.731 million during the prior week</p></li>\n</ul>\n<p>Last week's new claims came as a welcome surprise after more than a year of elevated initial filings. At 576,000, new claims broke below the Great Recession-era high of 665,000 filed in March 2009 for the first time in more than a year. And claims have dropped precipitously from their all-time high of 6.1 million from last spring.</p>\n<p>But the labor market recovery has still been choppy, and the general downtrend in new jobless claims over the past several months has come with some bumps higher. Other reports have also underscored the stop-and-start nature of the rebound, with the Federal Reserve's latest Beige Book last week noting that many regions continued to experience labor shortages as well as hiring challenges over the past several weeks.</p>\n<p><img src=\"https://static.tigerbbs.com/2b6db81606b9764d109462cce02ad64c\" tg-width=\"641\" tg-height=\"565\"></p>\n<p>And even within the jobless claims report, some metrics have remained stubbornly elevated and pointed to persistently high levels of unemployment. Nearly 17 million Americans were still receiving unemployment benefits across all programs as of late March, including more than 12 million Americans on the federal Pandemic Unemployment Assistance and Pandemic Emergency Unemployment Compensation program, which each expire in September. And some individual states, including Nevada and Alaska, continue to post insured unemployment rates that are well above the national average.</p>\n<p>\"The issue for the labor market, in our view, is at least partly related to ongoing health risks,\" Rubeela Farooqi, chief U.S. economist for High Frequency Economics, said in a note. \"Even as states are lifting restrictions and the pace of vaccinations is picking up, workers are still likely hesitant to return to work, especially in contact-intensive industries.\"</p>\n<p>\"Overall, the labor market will see a significant rebound going forward,\" she added. \"However, there are a lot of moving parts that will play a role in how sustainable and complete the recovery will be.\"</p>\n<p><i>This post will be updated with the results of Thursday's initial unemployment claims report from the Labor Department at 8:30 a.m. Check back for updates.</i></p>","source":"yahoofinance_au","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jobless claims preview: Another 610,000 Americans likely filed new unemployment claims</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJobless claims preview: Another 610,000 Americans likely filed new unemployment claims\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 09:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/weekly-jobless-claims-week-ended-april-17-2021-pandemic-180036636.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New weekly jobless claims likely edged higher last week after plunging to the lowest level since the start of the pandemic.\nThe Department of Labor will release its weekly report on new jobless claims...</p>\n\n<a href=\"https://finance.yahoo.com/news/weekly-jobless-claims-week-ended-april-17-2021-pandemic-180036636.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY.AU":"SPDR® S&P 500® ETF Trust"},"source_url":"https://finance.yahoo.com/news/weekly-jobless-claims-week-ended-april-17-2021-pandemic-180036636.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129808688","content_text":"New weekly jobless claims likely edged higher last week after plunging to the lowest level since the start of the pandemic.\nThe Department of Labor will release its weekly report on new jobless claims on Thursday at 8:30 a.m. ET. Here were the main metrics expected from the report, compared to consensus data compiled by Bloomberg:\n\nInitial jobless claims, week ended April 17: 610,000 expected vs. 576,000 during the prior week\nContinuing claims, week ended April 3: 3.640 million expected vs. 3.731 million during the prior week\n\nLast week's new claims came as a welcome surprise after more than a year of elevated initial filings. At 576,000, new claims broke below the Great Recession-era high of 665,000 filed in March 2009 for the first time in more than a year. And claims have dropped precipitously from their all-time high of 6.1 million from last spring.\nBut the labor market recovery has still been choppy, and the general downtrend in new jobless claims over the past several months has come with some bumps higher. Other reports have also underscored the stop-and-start nature of the rebound, with the Federal Reserve's latest Beige Book last week noting that many regions continued to experience labor shortages as well as hiring challenges over the past several weeks.\n\nAnd even within the jobless claims report, some metrics have remained stubbornly elevated and pointed to persistently high levels of unemployment. Nearly 17 million Americans were still receiving unemployment benefits across all programs as of late March, including more than 12 million Americans on the federal Pandemic Unemployment Assistance and Pandemic Emergency Unemployment Compensation program, which each expire in September. And some individual states, including Nevada and Alaska, continue to post insured unemployment rates that are well above the national average.\n\"The issue for the labor market, in our view, is at least partly related to ongoing health risks,\" Rubeela Farooqi, chief U.S. economist for High Frequency Economics, said in a note. \"Even as states are lifting restrictions and the pace of vaccinations is picking up, workers are still likely hesitant to return to work, especially in contact-intensive industries.\"\n\"Overall, the labor market will see a significant rebound going forward,\" she added. \"However, there are a lot of moving parts that will play a role in how sustainable and complete the recovery will be.\"\nThis post will be updated with the results of Thursday's initial unemployment claims report from the Labor Department at 8:30 a.m. Check back for updates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":384,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":11,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":4148141,"commentId":"4148141","gmtCreate":1619511449691,"gmtModify":1680785826533,"authorId":3573181571482807,"author":{"id":3573181571482807,"idStr":"3573181571482807","authorId":3573181571482807,"name":"Angusy","avatar":"https://static.tigerbbs.com/567c46e27bc101d0dde608f1a4d236c3","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.63%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378452647,"objectIdStr":"378452647","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Market is Good wheN times are bad...americans lazy to work all take free money from govt and invest in stocks","text":"Market is Good wheN times are bad...americans lazy to work all take free money from govt and invest in stocks","html":"Market is Good wheN times are bad...americans lazy to work all take free money from govt and invest in stocks","likeSize":0,"commentSize":1,"subComments":[{"id":4159757,"commentId":"4159757","gmtCreate":1619604848677,"gmtModify":1680785997367,"authorId":3571885278258727,"author":{"id":3571885278258727,"idStr":"3571885278258727","authorId":3571885278258727,"name":"andyzui","avatar":"https://static.tigerbbs.com/af10d3205773c13fedb461b75f3489ae","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378452647,"objectIdStr":"378452647","type":1,"supId":4148141,"supIdStr":"4148141","prevId":0,"prevIdStr":"0","content":"I also lazy to <u>work</u>","text":"I also lazy to <u>work</u>","html":"I also lazy to <u>work</u>"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":4099700,"commentId":"4099700","gmtCreate":1619059952444,"gmtModify":1680785057983,"authorId":3573181571482807,"author":{"id":3573181571482807,"idStr":"3573181571482807","authorId":3573181571482807,"name":"Angusy","avatar":"https://static.tigerbbs.com/567c46e27bc101d0dde608f1a4d236c3","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.63%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378452647,"objectIdStr":"378452647","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"No good","text":"No good","html":"No good","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/378452647"}