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Unemployment Insurance Weekly Claims
In the week ending May 15, the advance figure for seasonally adjusted initial claims was 444,000, a decrease of 34,000 from the previous week's revised level. This is the lowest level for initial claims since March 14, 2020 when it was 256,000. The previous week's level was revised up by 5,000 from 473,000 to 478,000. The 4-week moving average was 504,750, a decrease of 30,500 from the previous week's revised average. This is the lowest level for this average since March 14, 2020 when it was 225,500. The previous week's average was revised up by 1,250 from 534,000 to 535,250. The advance seasonally adjusted insured ... (full story)
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U.S. weekly jobless claims total 444,000, vs 452,000 estimate
The procession of Americans heading to the unemployment line continued to decrease last week, with jobless claims totaling a fresh pandemic-era low of 444,000, the Labor Department reported Thursday. Economist surveyed by Dow Jones had been expecting 452,000 new claims as the jobs picture continues to improve thanks to an accelerated economic reopening across the country. The total represented a decline from the previous week’s 478,000. For the same period a year ago, claims totaled more than 2.3 million. While Federal Reserve officials continue to stress the need for more improvement in the jobs picture, the ... (full story)
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- Posted: May 20, 2021 8:33am
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 1,013
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