Cart

0

Economy

“Jobless claims: Another 861,000 Americans filed new unemployment claims”

“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 February 13: 861,000 vs. 773,000 expected and an upwardly revised 848,000 during prior week
  • Continuing claims, week ended February 6: 4.494 million vs. 4.425 million expected and an upwardly revised 4.558 million during prior week

At 861,000, new jobless claims posted a surprise back-to-back weekly increase to reach the highest level in one month. The prior week’s new claims were also upwardly revised to 848,000, from the 793,000 reported previously…”

https://finance.yahoo.com/news/weekly-jobless-claims-week-ended-february-13-labor-market-190229296.html

Leave a Reply