- Analytics
- News and Tools
- Market News
- US: Weekly Initial Jobless Claims rises to 222K vs. 240K expected
US: Weekly Initial Jobless Claims rises to 222K vs. 240K expected
- There were 222K initial weekly jobless claims in the week ending 27 November.
- That was less than an expected rise to 240K from last week's 194K.
There were 222,000 initial claims for unemployment benefits in the US during the week ending November 27, data published by the US Department of Labor (DoL) revealed on Wednesday. This reading followed last week's print of 194,000 (revised from 199,000) and came in lower than the market's expectation for 240,000.
Continued jobless claims fell to 1.956M in the week ending November 20, the data showed, below expectations for a drop to 2.00M from 2.063M the week prior. That marked a fresh post-pandemic low.
Market Reaction
The dollar saw a very minimal reaction to the data, which fits in with the narrative that the US labour market is currently very healthy/tight.
© 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
