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Economy

“Jobless claims: Another 268,000 individuals filed new unemployment claims last week”

“…The Labor Department released its jobless claims report Thursday. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg:

  • Initial unemployment claims, week ended November 13: 268,000 vs. 260,000 expected and an upwardly revised 269,000 during prior week 
  • Continuing claims, week ended November 5: 2.080 million vs. 2.120 million expected and an upwardly revised 2.209 million during prior week

First-time unemployment claims held below the psychologically important 300,000 level for a sixth straight week. The steady move lower in jobless claims over the past several months has underscored continued…”

https://finance.yahoo.com/news/weekly-jobless-claims-week-ended-november-13-2021-190507634.html

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