Ekonomické zprávy

U.S. weekly jobless claims total 211,000

The data from the Labor Department revealed on Thursday the number of applications for unemployment jumped more than expected last week. 

According to the report, the initial claims for unemployment benefits climbed by 21,000 to 211,000 for the week ended March 4. That was the highest weekly total since the week ended December 24, 2022 (223,000).

Economists had predicted 195,000 new claims last week.

Claims for the prior week were left unrevised at 190,000.

Meanwhile, the four-week moving average of jobless claims increased to 197,000 from an unrevised 193,000 in the previous week. That marked the highest count in six weeks.

As for continuing claims, they rose to 1,718,000 from a downwardly revised 1,649,000 (from 1,655,000) in the previous week. That represented the lowest reading in since the week ended December 17, 2022 (1,718,000).

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