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Jobless Claims in U.S. Rise to Highest Level in Six Weeks

Bloomberg (08/14/14) Michelle Jamrisko

The number of people applying for unemployment benefits in the week ended Aug. 9 rose by 21,000 to 311,000, the highest in six weeks, according to the U.S. Department of Labor. The 48 economists surveyed by Bloomberg had forecast claims of 295,000. The four-week moving average of new claims rose by 2,000 to 295,750.

U.S. Retail Sales Flat in July

Wall Street Journal (08/13/14) Ben Leubsdorf

Sales at U.S. retailers were unchanged in July, according to the U.S. Department of Commerce, as sales fell at auto dealers and department stores but rose at clothing and grocery stores. Sales have slowed since the spring, when they spiked following a harsh winter across much of the U.S. The spending slowdown runs counter to the robust labor market, which has seen U.S. companies over the last six months hire at the fastest pace since 2006. Anemic paychecks may be one reason consumers are restraining their spending.

Free ASAPro Webinar Today—Boost Earnings With Retained Search

Don’t miss the ASAPro webinar “Make the Best of Your Contingency Searches and Triple Your Fill Ratios.” It takes place today from 3 to 4 p.m. Eastern time. Learn how retained search practices could help you close more deals and improve your firm’s bottom line.

All ASAPro webinars are free for ASA members, and most qualify for continuing education hours toward ASA certification renewal. To learn more and to register, visit