‎US jobless claims hit highest level in 9 months

‎US jobless claims hit highest level in 9 months ‎US jobless claims hit highest level in 9 months

​‎

The number of Americans filing new claims for unemployment benefits rose higher than expected last week to the highest level in nine months.

Initial claims increased by 22,000 to 231,000 in the week ended May 4, according to Labor Department data released today, May 9, after stabilizing in the previous week.

Advertisement

Economists polled by the Wall Street Journal had estimated that new claims would rise to 214,000.

Weekly US Jobless Claims

Item

Last Year

Previous Week

Latest Week

Change

Initial Claims (‘000)

225

209

231

+22

Four-Week Average (‘000)

218

210.25

215

+4.75

Total Beneficiaries (mln)

1.706

1.768

1.785

+0.017

 

The number of Americans filing new claims for unemployment benefits rose higher than expected last week to the highest level in nine months.

Initial claims increased by 22,000 to 231,000 in the week ended May 4, according to Labor Department data released today, May 9, after stabilizing in the previous week.

Economists polled by the Wall Street Journal had estimated that new claims would rise to 214,000.

Weekly US Jobless Claims

Item

Last Year

Previous Week

Latest Week

Change

Initial Claims (‘000)

225

209

231

+22

Four-Week Average (‘000)

218

210.25

215

+4.75

Total Beneficiaries (mln)

1.706

1.768

1.785

+0.017

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement