New weekly jobless claims came in at yet another pandemic-era low, with more progress being made in the labor market as new virus infections fall and companies compete for workers. The Labor Department released its jobless claims report Thursday morning. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial unemployment claims, week ended October 30: 269,000 vs. 275,000 expected and a revised 283,000 during prior week Continuing claims, week… Source link
Read More »Jobless claims hit new pandemic-era low at 281,000 filings
Weekly jobless claims fell in the latest week, setting a marginal new pandemic-era low as the labor market slowly recovers to levels before COVID-19 walloped the global economy. The Labor Department released its jobless claims report on Thursday morning at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial unemployment claims, week ended October 23: 281,000 vs. 288,000 expected and a revised 291,000 during the prior… Source link
Read More »Weekly jobless claims fall to fresh pandemic-era low of 290,000
New weekly jobless claims held below 300,000 for a back-to-back week as labor market conditions trudged back toward pre-pandemic levels. The Labor Department released its jobless claims report Thursday morning. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial unemployment claims, week ended October 16: 290,000 vs. 297,000 expected and a revised 296,000 during prior week Continuing claims, week ended October 9: 2.481… Source link
Read More »Weekly jobless claims fell for a sixth straight week to new pandemic-era low
U.S. states saw the fewest new unemployment claims since March 2020 last week, with initial filings down for a sixth straight week as economic activity picked up further. The Department of Labor released its weekly report on new jobless claims on Thursday at 8:30 a.m. ET. Here were the main metrics from the report, compared to consensus data compiled by Bloomberg: Initial jobless claims, week ended June 5: 376,000 vs. 370,000 expected and an unrevised 385,000 last week Continuing claims,… Source link
Read More »New jobless claims fell to a fresh pandemic-era low of 498,000 last week
New weekly jobless claims set a new pandemic-era low last week, falling below 500,000 for the first time since March 2020, with initial filings trending decidedly lower in recent weeks amid the pick-up in economic activity. The Department of Labor released its weekly report on new jobless claims Thursday at 8:30 a.m. ET. Here were the main metrics from the report, compared to consensus data compiled by Bloomberg: Initial jobless claims, week ended May 1: 498,000 vs. 538,000 expected and a… Source link
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