Jobless claims: Another 206,000 individuals filed new claims, rising from 52-year low

Posted on AllSides December 16th, 2021
From The Left

New weekly jobless claims ticked up slightly last week to hold near a 52-year low.

The Labor Department released its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg:

Initial jobless claims, week ended Dec. 11: 206,000 vs. 200,000 expected and an upwardly revised 188,000 during prior week

Continuing claims, week ended Dec. 4: 1.845 million vs. 1.943 million expected and an upwardly revised 1.999 million during prior week

First-time unemployment filings fell sharply to reach their lowest level since...

Read full story
https://finance.yahoo.com/news/weekly-unemployment-claims-week-ended-dec-11-2021-200522770.html

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right