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Jobless claims drop 16,000 to 212,000, show no hint of deterioration in labor market
The numbers: The number of people who applied for unemployment benefits last week fell to the lowest level in a month, dragging new jobless claims back near a post-recession low and suggesting all is well in the U.S. labor market.
Initial jobless claims, a rough way to measure layoffs, sank by 16,000 to a seasonally adjusted 212,000 in the seven days ended May 11, the government said Thursday.
Economists polled by MarketWatch estimated new claims would total 217,000.
The more stable monthly average of new claims rose by 4,750 to 225,000, reflecting a runup in April tied largely to a late Easter holiday and spring break. The monthly average should subside soon in line with the weekly figures.
The number of people already collecting unemployment benefits, known as continuing claims, fell by 28,000 to 1.66 million.
What happened: Claims have gyrated sharply over the past month from a low of 193,000 to a high of 230,000, but the ups and downs are quite common around Easter and spring break. Those events can disrupt the process government statisticians uses to adjust the numbers for seasonal variations.
If the seasonal quirks are stripped out, new claims remain near the lowest level in half a century and show no sign of rising.
Big picture: The strong labor market, punctuated by the lowest unemployment rate in 50 years, is keeping the economy churning forward despite stiffer headwinds such as a tense trade standoff with China. The U.S. is still on track to set the record for longest expansion ever by midsummer.
Read: Trump takes a page out of early American history with steep tariffs on Chinese goods
What they are saying?: “Claims are reverting back to the trend, and probably will settle at about 220,000,” said chief economist Ian Shepherdson of Pantheon Macroeconomics. “That’s close to a record low as a share of employment, and we see no reason to expect any meaningful change until next year.”
Market reaction: The Dow Jones Industrial Average DJIA, +0.80% and S&P 500 SPX, +0.94% rose in Thursday trades in a big for a third straight increase. Stocks had rebounded in the past few days after a string of deep losses following a flare-up in trade tensions between the U.S. and China.
https://www.marketwatch.com/story/jobless-claims-drop-16000-to-212000-show-no-hint-of-deterioration-in-labor-market-2019-05-16?siteid=rss&rss=1
BWAHAHAHAHAHA!
Hain Celestial Group Execs and Engaged Capital Co-Invest VI-D buy ass-ton of shares
Cap#1 is filed last night, Caps#'s 2-3 are recent.
The Hain Celestial Group, Inc. is an organic and natural products company. The Company and its subsidiaries manufacture, market, distribute and sell organic and natural products under brand names which are sold as better-for-you products. The Company's segments include United States, United Kingdom, Hain Pure Protein and Rest of World. Its Rest of World segment includes Canada and Europe. The Company's brand names include Almond Dream, Arrowhead Mills, Bearitos, BluePrint, Celestial Seasonings, Cully & Sully, Danival, DeBoles, Earth's Best, Ella's Kitchen, Empire, Europe's Best, Farmhouse Fare, Frank Cooper's, FreeBird, Gale's, Garden of Eatin', GG UniqueFiber, Hain Pure Foods, Hartley's, Health Valley, Imagine, Johnson's Juice Co., Joya, Kosher Valley, Lima, The Greek Gods, Tilda, Walnut Acres, WestSoy, Yves Veggie Cuisine and Yorkshire Provender. Its personal care products are marketed under the Alba Botanica, Avalon Organics, Earth's Best, JASON, Live Clean and Queen Helene brands.
Number of employees : 7 685 people.
https://www.marketscreener.com/HAIN-CELESTIAL-GROUP-INC-9506/company/
https://www.secform4.com/insider-trading/910406.htm
have some of products from this company-JASON being one.
Tyson Group President-McDonald's sells shares
Cap#1 is filed this morning.
Cap#2 was in the meme folder from another anon so will use that one-YOU MY NIGGA…NIGGA!
Tyson Foods is the world's leading producer of beef, poultry, and pork meats. Net sales (including intra-group) break down by family of products as follows:
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beef products (37.4%);
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poultry meat products (29.1%);
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refrigerated and frozen products (21%): cooked meats, pre-cooked meals, pizzas, corn tortillas, sauces, etc.;
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pork products (11.8%).
The remaining sales (0.7%) are primarily from international activities.
Products are marketed to food retailers, self-serve stores, restaurants, hotels, schools, healthcare institutions, etc.
Number of employees : 121 000 people.
https://www.marketscreener.com/TYSON-FOODS-14672/company/
https://www.secform4.com/insider-trading/100493.htm
==March 21st,2019
Tyson Foods, Inc. Recalls Chicken Strip Products due to Possible Foreign Matter Contamination
https://www.fsis.usda.gov/wps/portal/fsis/topics/recalls-and-public-health-alerts/recall-case-archive/archive/2019/recall-034-2019-release
May 4th,2019
Tyson Foods, Inc. Recalls Chicken Strip Products Due to Possible Foreign Matter Contamination
https://www.fsis.usda.gov/wps/portal/fsis/topics/recalls-and-public-health-alerts/recall-case-archive/archive/2019/recall-034-2019-exp-release
NOTABLE
its Necker island, made mistake and was corrected
no worries fren, No one perfect including me.
Know you are busy.
Stay safe and keep kicking ass!
o7