The number of first-time applications for unemployment benefits in the US rose to 222,000 in the week ending November 27, below market expectations.
The number of first-time applications for unemployment benefits in the US rose to 222,000 in the week ending November 27 , below market expectations.
The US Department of Labor has released data on weekly jobless claims.
Accordingly, the number of people who applied for unemployment benefits for the first time in the country increased by 28 thousand compared to the previous week and reached 222 thousand in the week ending November 27.
Unemployment benefit applications, which increased less than expected in this period, were expected to be 240 thousand.
The previous week's data on the number of applications for unemployment benefits was revised from 199 thousand to 194 thousand. The number of first-time jobless applicants in the country fell to the lowest level since 1969 in the week ending November 20.
As of last week, 4-week average unemployment benefits applications decreased by 12 thousand 250 compared to the previous week and became 238 thousand 750.
Ongoing unemployment claims, on the other hand, were recorded as 1 million 956 thousand in the week ending November 20, with a decrease of 107 thousand compared to the previous week.
The number of people who applied for unemployment benefits for the first time in the USA reached a peak of 6 million at the end of March last year, as the new type of coronavirus (Kovid-19) epidemic affected the labor market.
Unemployment benefit applications were hovering around 200 thousand before the epidemic.
Analysts stated that despite the increase in unemployment benefits applications last week, the data is close to the pre-pandemic average and reflects the ongoing recovery in the labor market.
The number of first-time applications for unemployment benefits in the US rose to 222,000 in the week ending November 27 , below market expectations.
The US Department of Labor has released data on weekly jobless claims.
Accordingly, the number of people who applied for unemployment benefits for the first time in the country increased by 28 thousand compared to the previous week and reached 222 thousand in the week ending November 27.
Unemployment benefit applications, which increased less than expected in this period, were expected to be 240 thousand.
The previous week's data on the number of applications for unemployment benefits was revised from 199 thousand to 194 thousand. The number of first-time jobless applicants in the country fell to the lowest level since 1969 in the week ending November 20.
As of last week, 4-week average unemployment benefits applications decreased by 12 thousand 250 compared to the previous week and became 238 thousand 750.
Ongoing unemployment claims, on the other hand, were recorded as 1 million 956 thousand in the week ending November 20, with a decrease of 107 thousand compared to the previous week.
The number of people who applied for unemployment benefits for the first time in the USA reached a peak of 6 million at the end of March last year, as the new type of coronavirus (Kovid-19) epidemic affected the labor market.
Unemployment benefit applications were hovering around 200 thousand before the epidemic.
Analysts stated that despite the increase in unemployment benefits applications last week, the data is close to the pre-pandemic average and reflects the ongoing recovery in the labor market.