Market news
21.01.2021, 13:38

U.S. weekly jobless claims total 900,000

U.S. weekly jobless claims total 900,000

The data from the Labor Department revealed on Thursday the number of applications for unemployment fell slightly more than forecast last week.

According to the report, the initial claims for unemployment benefits decreased by 26,000 to 900,000 for the week ended January 16. Still, claims remained well above pre-pandemic levels.

Economists had expected 910,000 new claims last week.

Claims for the prior week were revised downwardly to 926,000 from the initial estimate of 965,000.

Meanwhile, the four-week moving average of claims grew to 848,000 from a downwardly revised 824,500 in the previous week.

Continuing claims fell to 5,054,000 from a downwardly revised 5,181,000 in the previous week.

© 2000-2021. 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 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.

Feedback
Live Chat E-mail
Up
Choose your language / location