Ekonomické zprávy
10.11.2021

U.S. weekly jobless claims total 267,000

The data from the Labor Department showed on Wednesday the number of applications for unemployment decreased less than expected last week but was the lowest since the COVID-19 pandemic struck.

According to the report, the initial claims for unemployment benefits decreased by 4,000 to 267,000 for the week ended November 6. This was the lowest reading since mid-March of 2020, when the COVID-19 pandemic struck.

Economists had expected 265,000 new claims last week.

Claims for the prior week were revised upwardly to 271,000 from the initial estimate of 269,000.

Meanwhile, the four-week moving average of jobless claims fell to 278,000 from an upwardly revised 285,250 in the previous week.

As for continuing claims, they increased to 2,160,000 from a downwardly revised 2,101,000 in the previous week. 

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