Initial Claims, Personal Incomes Rise Thursday, January 31, 4:50 PM ET
Initial jobless claims increased by 38,000 to a seasonally adjusted 368,000 last week according to the Labor Department, the highest level in one month and the biggest increase since the week after Hurricane Sandy. Economists expected claims to climb to 355,000. Initial claims from two weeks ago stood unrevised at 330,000.
Personal incomes increased by 2.6% in December, the highest increase in eight years, largely due to a jump in dividend income as company's had moved up payments to avoid tax law changes, according to the Commerce Department. Economists expected a 1.0% rise.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?
⤹
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.