- Analytics
- News and Tools
- Market News
- U.S. weekly jobless claims total 684,000
U.S. weekly jobless claims total 684,000
The data from the Labor Department revealed on Thursday the number of applications for unemployment fell much more than expected last week, hitting its lowest level in more than a year.
According to the report, the initial claims for unemployment benefits decreased by 97,000 to 684,000 for the week ended March 20. This was the lowest reading since the pandemic hit the labor market in March 2020.
Economists had
expected 730,000 new claims last week.
Claims for the
prior week were revised upwardly to 781,000 from the initial estimate of 770,000.
Meanwhile, the
four-week moving average of jobless claims declined to 736,000 from an upwardly
revised 749,000 in the previous week.
Continuing
claims dropped to 3,870,000 from an upwardly revised 4,134,000 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
