New Unemployment Insurance Claims for The Week of October 9, 2021
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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 October 9, 2021:
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Predicted: 300,000
- Actual: 293,000
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 (unrevised): 329,000
- 4-Week Moving Average: 334,250
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From Today's Report
"...In the week ending October 9, the advance figure for seasonally adjusted initial claims was 293,000, a decrease of 36,000 from the previous week's revised level. This is the lowest level for initial claims since March 14, 2020 [the eve of the COVID-19 pandemic in the USA] when it was 256,000..."
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Labels: Coronavirus, COVID-19, COVID19, employment, hard_data, jobless, jobless claims, jobs, labor, layoffs, Pandemic, unemployment
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posted by Steve Brown | 10/14/2021 08:00:00 PM
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