Ekonomické zprávy
04.11.2021

U.S. weekly jobless claims total 269,000

The data from the Labor Department showed on Thursday the number of applications for unemployment declined more than forecast last week, falling to another pandemic-era low.

According to the report, the initial claims for unemployment benefits decreased by 14,000 to 269,000 for the week ended October 30. This was the lowest reading since mid-March of 2020, when the COVID-19 pandemic struck.

Economists had expected 275,000 new claims last week.

 Claims for the prior week were revised upwardly to 283,000 from the initial estimate of 281,000.

Meanwhile, the four-week moving average of jobless claims fell to 284,750 from an upwardly revised 299,750 in the previous week. This was the lowest print since March 2020.

As for continuing claims, they dropped to 2,105,000 from a downwardly revised 2,239,000 in the previous week. This was the lowest weekly total since the pandemic began.

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