“Jobless claims: Another 965,000 Americans filed new unemployment claims last week”
January 14, 2021
“The U.S. Department of Labor released its weekly report on new jobless claims Thursday morning at 8:30 a.m. ET. Here were the main results in the report, compared to consensus estimates compiled by Bloomberg:
- Initial jobless claims, week ended Jan. 9: 965,000 vs. 789,000 expected and a revised 784,000 during the prior week
- Continuing claims, week ended Jan. 2: 5.271 million vs. 5.000 million expected and 5.072 million during the prior week
At 965,000, new jobless claims hit the highest level since August, ending what had been a tentative start of a downward trend in initial claims…”