Breaking News

US Jobless Picture Brightens

April 10, 2014

Initial filings fall to 300,000.

Consumer confidence remains low, Russian forces are massing at the Ukraine border, the stock market is frothy and China remains weak. Ready for some good news? There was a big drop in US initial filings for jobless claims to 300,000. Furthermore, the lowest number in the last expansion was 282,000, so there’s not much lower that claims can go, say data watchers.


Add on top of that the continued gains in job openings, which rose to more than a six-year high.


Maybe now consumers will start buying more stuff like cosmetics, detergents and fine fragrances.


 

Related End-User Markets:

blog comments powered by Disqus
  • Cosmetic Chemists Head to Orlando Next Month

    Cosmetic Chemists Head to Orlando Next Month

    September 26, 2016
    Organizing Chair Guy Padulo explains why you should attend the IFSCC Congress.

  • Expanding Erbaviva

    Expanding Erbaviva

    Christine Esposito, Associate Editor||September 13, 2016
    A farm-to-bottle organic brand celebrates its 20th anniversary with a new look, new products and plans to expand in the US.

  • Lauder’s Latest Patents

    Lauder’s Latest Patents

    September 1, 2016
    A composition with NIR light emitting material, a skin care device and more awarded to this beauty business giant.

  • Back to School

    Back to School

    Tom Branna, Editorial Director||September 1, 2016
    It may be September, but class was in session this summer during the Private Label Manufacturers Association’s Executive Educ

  • What

    What's In Your Formula?

    Christine Esposito, Associate Editor||September 1, 2016
    A look at the ingredients beauty brands are using to fuel their formulations and capture consumers’ attention.

  • How Green Is Your Surfactant?

    How Green Is Your Surfactant?

    Tom Branna, Editorial Director ||September 1, 2016
    Suppliers offer a range of solutions to help household and personal care product formulators develop formulas