New Unemployment Insurance Claims for The Week of May 2, 2020
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| Jobless Claims |
Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on May 2, 2020:
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Predicted: 3,000,000
- Actual: 3,169,000
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): 3,846,000
- 4-Week Moving Average: 4,173,500
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From This Morning's Report:
"...The COVID-19 virus continues to impact the number of initial claims and insured unemployment. This report now includes information on claimants filing Pandemic Unemployment Assistance and Pandemic Emergency Unemployment Compensation claims..."
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Labels: Coronavirus, COVID-19, COVID19, employment, hard_data, jobless, jobless claims, jobs, layoffs, unemployment
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posted by Steve Brown | 5/07/2020 09:55:00 AM
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