Thursday, October 26, 2017

New Unemployment Insurance Claims for The Week of October 21, 2017

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on October 21, 2017:

Predicted: 235,000
Actual: 233,000

The yellow-highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

  • Previous Week (revised): 223,000
  • 4-Week Moving Average: 239,500
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From today's report:

"...Claims taking procedures continue to be severely disrupted in Puerto Rico and the Virgin Islands as a result of power outages and infrastructure damage caused by Hurricanes Irma and Maria..."
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