- Analytics
- News and Tools
- Market News
- U.S. weekly jobless claims total 1.542 million
U.S. weekly jobless claims total 1.542 million
The data from
the Labor Department revealed on Thursday the number of applications for
unemployment reduced last week to the lowest level since the U.S. economy went
into lockdown made to fight the COVID-19 pandemic, but still remained evaluated.
According to the
report, the initial claims for unemployment benefits totaled 1,542,000 for the
week ended June 6. That brings the number of job losses over the past twelve
weeks (since the U.S. went into coronavirus lockdown in mid-March) to more than
44.2 million.
Economists had
expected 1,550,000 new claims last week.
Claims for the
prior week were revised upwardly to 1,897,000 from the initial estimate of 1,877,000.
Meanwhile, the
four-week moving average of claims fell to 2,002,000 from a revised 2,288,250
in the previous week.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
