This is breaking news. Please check back here for updates. First-time claims for unemployment insurance continued a modest trend down last week, though the total remains well above what was considered normal prior to the coronavirus pandemic and was a touch higher than Wall Street estimates.The Labor Department reported Thursday that 751,000 U.S. workers filed for benefits, compared to 758,000 from the week before. Economists surveyed by Dow Jones had been expecting 741,000. This was the third straight week that claims were below 800,000, and the four-week moving average fell to 787,000.- Advertisement – – Advertisement – At the same time, the total for those receiving benefits showed a sharp decline, falling by 1.15 million to 21.5 million. For the same period in 2019, there were 1.44 million people getting benefits, reflecting just how deep the jobless problem remains in the coronavirus pandemic era.The insured unemployment rate, which is a simple computation of those receiving benefits against the total workforce, fell 0.3 percentage points to 5%. The headline unemployment rate, which includes multiple other factors, is expected to edge lower to 7.7% from the 7.9% level in September.Illinois saw the biggest weekly increase in claims, climbing 23,200 to 53,138, according to unadjusted data. Kansas, Kentucky, Ohio and Pennsylvania all reported gains of more than 3,000. Massachusetts reported the biggest decline at 9,055 while Florida, Georgia and Michigan also reported substantial decreases.- Advertisement – The numbers come a day before the government’s official nonfarm payrolls report, which is expected to show a gain of 530,000 in October. However, this week’s report is not part of the survey week the Bureau of Labor Statistics uses to compute the monthly number.Claims have been trending lower since the late-March peak of 6.9 million but remain elevated by historical standards. The pre-pandemic peak was 695,000 in October 1982.Continuing claims fell for the sixth straight week, this time by 538,000 to nearly 7.3 million. However, part of the reason for that was the continued migration from those losing benefits into the Pandemic Emergency Unemployment Assistance program, which saw its rolls increase by 277,564 to 3.96 million. Continuing claims are delayed by a week.- Advertisement –
Head coach John Carver was grateful for Newcastle’s decision not to sell striker Papiss Cisse in January after he fired the club to their first home win of 2015 against Aston Villa. “This season, he has probably scored more scruffy goals than he ever has, but I am not bothered because he is actually scoring goals. That’s why it was important to keep him here and that’s why it was important to get him in the team and put him in the right area.” The decisive moment arrived against the run of play with 37 minutes gone, with the quality of Daryl Janmaat’s cross and Cisse’s control and finish, if not Jores Okore’s defending, out of keeping with a poor game. Substitute Ayoze Perez might have added a second with a 76th-minute header which came back off the post, but, had it not been for two Tim Krul saves from Christian Benteke and Tom Cleverley either side of the break, Villa would have emerged with something to show for their efforts. It was just Newcastle’s second league win in eight attempts under Carver and, while it was unconvincing, it was definitely welcome. The head coach said: “The one thing I will so is we did actually show that professionalism that we didn’t show against Stoke City when we conceded the late goal, so maybe the guys have learned from it. “Let’s not hide the fact that today has not been a classic, has it? It’s not been a proper classic.. But I’ll tell you what, the thing that’s pleased me is we have kept a clean sheet, we have had players who have put their bodies on the line – and I have to mention Fabricio Coloccini in particular. “His block towards the end of the games was outstanding. That’s as good as scoring a goal at the other end.” For Villa boss Tim Sherwood, there were positives to take from a seventh successive league defeat as he prepares for next week’s double header against derby rivals West Brom. The Senegal international was the subject of interest from the Middle East during the winter transfer window, but the Magpies hierarchy supported Carver’s desire to keep him and were rewarded when he struck to secure a 1-0 victory at St James’ Park with his 11th goal of the season. Carver said: “His goal ratio is fantastic – but we have got to provide him with the service. If we don’t provide him with the service, then he won’t score goals, so I need to make sure that the team provides him with service because he is valuable to us. Press Association He said: “That [the performance] is a consolation, yes, but it’s still no points, so I want a really poor performance on Tuesday night and three points, please. “But listen, two wins this week and we will bounce into the next game. We need a shot of confidence here. There’s not a lack of desire in that dressing room. The boys really care, they really do care – they are low in there. “A lot of managers try to take the pressure off you – I think Paul Lambert has probably been trying to do that to the guys all season. I’m going to try the other way, I am going to put in on them, ‘We’re under pressure, boys, we are under pressure, this is a massive football club with a lot of good people involved in it and the fans are magnificent’. “The pressure valve is up already; let’s put pressure on ourselves to try to get points in these last few games.” Meanwhile, Carver revealed that the knee injury which forced left-back Massadio Haidara off on a stretcher is not thought to be too serious.