‎US jobless claims dip for first time in 3 weeks

‎US jobless claims dip for first time in 3 weeks ‎US jobless claims dip for first time in 3 weeks

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The number of US claims filed for unemployment benefits declined for the week ended Aug. 9, after rising for two weeks in a row, signaling continued labor market resilience.

Initial jobless claims decreased by 3,000 to 224,000 during the week, the US Department of Labor said today, Aug. 14.

This came against expectations of a rise to 228,000 from the previous week’s revised figure of 227,000.

The four-week moving average of jobless claims rose by 750 to 221,750, compared to the previous week’s upwardly revised average of 221,000 (+250).

US Weekly Jobless Claims

Item

Last Year

Last Week

Current Week

Change

Initial Claims (‘000)

228.0

227.0

224.0

(3)

4-Week Average (‘000)

236.5

221.00

221.75

0.75

Number of Beneficiaries (mln)

1.863

1.968

1.953

(0.015)

 

The number of US claims filed for unemployment benefits declined for the week ended Aug. 9, after rising for two weeks in a row, signaling continued labor market resilience.

Initial jobless claims decreased by 3,000 to 224,000 during the week, the US Department of Labor said today, Aug. 14.

This came against expectations of a rise to 228,000 from the previous week’s revised figure of 227,000.

The four-week moving average of jobless claims rose by 750 to 221,750, compared to the previous week’s upwardly revised average of 221,000 (+250).

US Weekly Jobless Claims

Item

Last Year

Last Week

Current Week

Change

Initial Claims (‘000)

228.0

227.0

224.0

(3)

4-Week Average (‘000)

236.5

221.00

221.75

0.75

Number of Beneficiaries (mln)

1.863

1.968

1.953

(0.015)

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