“Jobless claims: Another 861,000 Americans filed new unemployment claims”
February 18, 2021
“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…”