US weekly jobless claims edge down


Initial claims for US unemployment claims edged lower in the week ended Aug. 22, signaling ongoing stability in the labor market.

 

New filings fell to 203,000 from a revised 207,000 in the prior week (upwardly adjusted by 1,000), coming in below market forecasts of 208,000, according to US Department of Labor data released today, Aug. 27.

 

Weekly jobless claims serve as a proxy for layoffs and offer real-time insights into broader labor market conditions across the US economy.

 

US Weekly Jobless Claims

Item

Last Year

Last Week

Latest Week

Change

Initial Claims (‘000)

229

207

203

(4)

Four-Week Average (‘000)

228

204.25

205.5

+1.25

Total Beneficiaries (mln)

1.942

1.796

1.778

(0.018)

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.
Call Request