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Copyright © 2010: PennWell Corporation
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Houston, Texas 77027
(713) 621-9720
Copyright © 2010: PennWell Corporation
All Rights Reserved.
Unemployment
Unemployment news and technical articles from Oil & Gas Journal. Search Unemployment latest and archived news and articles
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MARKET WATCH: Rising unemployment in Europe brings down oil prices
… prices fell Apr. 30 with crude dropping 1.1% in the New York futures market after the Euro-zone reported record high unemployment of 12.1%. There also was continued concern of possible US intervention in Syria. In the more optimistic equity market …
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MARKET WATCH: Energy prices slip lower; unemployment at 26-year high
… as the Department of Labor reported unemployment in the US reached a 26-year high ..... Online, Sept. 3, 2009). The US unemployment rate rose to 9.7% last month with the loss ..... earlier reported US initial claims for unemployment benefits were down 4,000 to 570 …
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MARKET WATCH: Oil prices cut by lower unemployment , rising inventories
… low Dec. 4 on the New York market following reports of reduced unemployment , increased oil inventories, and a stronger dollar. “The dollar rallied on news that unemployment declined 0.2% in November,” said analysts in the Houston …
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MARKET WATCH: Unemployment increase pushes down oil prices
… second consecutive session in the New York market as the dollar strengthened and the Department of Labor reported the US unemployment rate climbed above 10% for the first time in 26 years. In the nonfarm sector, 190,000 jobs were lost in October, bringing …
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MARKET WATCH: Dollar, energy prices fall; unemployment rises
… 14 in the New York market, pulled down by the decline in the broader equities market as an increase in new claims for unemployment assistance last week fed concerns about economic recovery. Natural gas “was the biggest underperformer, falling 0 …
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MARKET WATCH: Oil declines slightly on unemployment concerns
… weekly inventory report. With the US unemployment rate now at a 26-year high, investors ..... losses could worsen when September unemployment figures are released Oct. 2. During August the US unemployment rate jumped to 9.7%. Meanwhile …
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MARKET WATCH: Stagnant unemployment rate lifts energy prices
… Labor reported 36,000 jobs lost in February, leaving the unemployment rate unchanged at 9.7%. Many economists were expecting a much bigger loss that would raise unemployment to 9.8%. Olivier Jakob at Petromatrix in Zug, Switzerland …
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MARKET WATCH: Oil prices continue climbing as gas price drops
… 9% in the New York futures market May 16 despite a report from the US Department of Labor showing a rise in claims for unemployment benefits, stimulating worries about economic recovery. The front-month natural gas contract, however, was “beaten …
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MARKET WATCH: Weak economic indicators bring down oil prices
… an increase in new applications for unemployment benefits. The front-month natural ..... inventories. DOL said new applications for unemployment benefits last week increased by 28 ..... Some 5.3 million people collected unemployment benefits in the week ended Mar. 16 …
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MARKET WATCH: New York crude prices continue rally
Crude prices continued to climb Mar. 8 in the New York futures market on news the US unemployment rate slipped to 7.7% in February—its lowest level in 4 years—from 7.9% in January. However, the full effect of …
