Market news
24.09.2020, 12:38

U.S. weekly jobless claims total 870,000 mln

The data from the Labor Department revealed on Thursday the number of applications for unemployment unexpectedly increase last week, as the U.S. labor market continues its slow recovery from its biggest shock in history, caused by the COVID-19 pandemic.

According to the report, the initial claims for unemployment benefits totaled 870,000 for the week ended September 19.

Economists had expected 840,000 new claims last week.

Claims for the prior week were revised upwardly to 866,000 from the initial estimate of 860,000.

Meanwhile, the four-week moving average of claims fell to 878,250 from an upwardly revised 913,500 in the previous week.

Continuing claims dropped to 12,580,000 million from an upwardly revised 12,747,000 in the previous week.

© 2000-2020. All rights reserved.

This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

AML Website Summary

Risk Disclosure

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.

Privacy Policy

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 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

Live Chat E-mail
Choose your language / location