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Eileenz88
2021-07-15

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U.S. weekly jobless claims total 360,000, as expected

New weekly jobless claims fell to the lowest level since March 2020, closing back in on pre-pandemic

U.S. weekly jobless claims total 360,000, as expected

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Here were the main metrics from the report, compared to consensus data compiled by Bloomberg:</p>\n<ul>\n <li><p><b>Initial jobless claims, week ended July 10:</b>360,000 vs. 350,000 expected and 373,000 during prior week</p></li>\n <li><p><b>Continuing claims, week ended July 3:</b>3.241 million vs. 3.300 million expected and 3.339 million during prior week</p></li>\n</ul>\n<p>Initial unemployment claims extended a months-long downward trend and came in below the psychologically important 400,000 level for a third straight week. During the comparable week in mid-July last year, new filings totaled 1.5 million.</p>\n<p>Markets reacted little to the claims news, with stock market futures pointing lower and government bond yields edging down following the release.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140240161","content_text":"New weekly jobless claims fell to the lowest level since March 2020, closing back in on pre-pandemic levels as the rate of new joblessness slowed further.\nThe Department of Labor released its weekly report on new jobless claims Thursday at 8:30 a.m. ET. Here were the main metrics from the report, compared to consensus data compiled by Bloomberg:\n\nInitial jobless claims, week ended July 10:360,000 vs. 350,000 expected and 373,000 during prior week\nContinuing claims, week ended July 3:3.241 million vs. 3.300 million expected and 3.339 million during prior week\n\nInitial unemployment claims extended a months-long downward trend and came in below the psychologically important 400,000 level for a third straight week. 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U.S. weekly jobless claims total 360,000, as expected

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