• U.S. weekly jobless claims total 1.434 million

Notícias do Mercado

30 julho 2020

U.S. weekly jobless claims total 1.434 million

The data from the Labor Department revealed on Thursday the number of applications for unemployment was roughly in line with expectations last week as the U.S. continues to grapple with the economic impacts of the coronavirus pandemic.

According to the report, the initial claims for unemployment benefits totaled 1,434,000 for the week ended July 25. That brought the number of job losses over the past nineteen weeks (since the U.S. went into coronavirus lockdown in mid-March) to more than 54.1 million.

Economists had expected 1,450,000 new claims last week.

Claims for the prior week were revised upwardly to 1,422,000 from the initial estimate of 1,416,000.

Meanwhile, the four-week moving average of claims rose to 1,368,500 from an upwardly revised 1,362,000 in the previous week.

Continuing claims increased to 17,018,000 million from a downwardly revised 16,151,000 in the previous week.

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