Jobless claims preview: Another 260,000 individual likely filed new claims last week

yahoo2021-11-24

New jobless claims likely set a fresh pandemic-era low last week, underscoring the present tight labor market conditions as initial unemployment claims near 2019 levels while job openings hold near ...

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2021-11-24
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2021-11-24
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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJobless claims preview: Another 260,000 individual likely filed new claims last week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-24 10:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/weekly-jobless-claims-week-ended-november-20-2021-175525622.html><strong>yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New jobless claims likely set a fresh pandemic-era low last week, underscoring the present tight labor market conditions as initial unemployment claims near 2019 levels while job openings hold near ...</p>\n\n<a href=\"https://finance.yahoo.com/news/weekly-jobless-claims-week-ended-november-20-2021-175525622.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://finance.yahoo.com/news/weekly-jobless-claims-week-ended-november-20-2021-175525622.html","article_id":"1107116961","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1107116961","pubTimestamp":1637720268,"sourceInfo":null,"weMediaInfo":null,"summary":"New jobless claims likely set a fresh pandemic-era low last week, underscoring the present tight lab","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"申请失业救济预览：上周可能又有26万人申请新的失业救济","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"New jobless claims likely set a fresh pandemic-era low last week, underscoring the present tight labor market conditions as initial unemployment claims near 2019 levels while job openings hold near record highs.\nThe Labor Department is set to release its jobless claims report on Wednesday, a day earlier than usual due to the Thanksgiving holiday. Here were the main metrics expected from the print, compared to consensus estimates compiled by Bloomberg:\n\nInitial unemployment claims, week ended November 20:260,000 expected and 268,000 during prior week\nContinuing claims, week ended November 13:2.030 million expected and 2.080 million during prior week\n\nThe total number of new weekly filings likely fell to a fresh March 2020 low for a seventh straight week. During the comparable week last year, initial filings came at well over 700,000. Still, however, claims are holding stubbornly slightly above the 2019 weekly average for new filings of approximately 220,000.\nContinuing claims for regular state unemployment benefits have also drawn closer to pre-virus levels. After coming in at the lowest level since March 2020 last week, continuing claims also neared their 2019 average rate of about 1.7 million per week.\nAnd if this week's jobless claims report comes in as expected with further improvement in both new and continuing claims, it would also bode well for November's monthly jobs report from the Bureau of Labor Statistics. This week's claims report coincides with the survey week for that data, which is due for release next week. Consensus economists expect that report to show non-farm payrolls rose by half a million in November, with the unemployment rate ticking down to 4.5% from 4.6% in October.\nThe past couple months' worth of jobless claims reports have offered just one look at a labor market that has grown increasingly tight as the economic recovery progressed. Though the labor force participation rate has yet to return to pre-pandemic levels, the number of those rendered newly unemployed has fallen precipitously, with many employers incentivized to keep their current workforces as job openings and labor shortages across industries remain elevated. Job openings werelast reported at 10.4 million as of the end of September, with this sum dipping only slightly from July's record high of more than 11 million.\nMonetary policymakers have been dealt the delicate task of further stoking employment growth while keeping inflation from running too hot for too long. Federal Reserve Chair Jerome Powell, who just this week was renominated to lead the central bank for another four-year term, has suggested that supply-side constraints contributing present levels of elevated inflation will eventually begin to ease.\n\"In our assessment — against a backdrop of moderating growth and slowing inflation in 2022 — policymakers will have to shift focus next year from price pressures to a complete labor market recovery, which will take some time, delaying an eventual rise in interest rates,\" wrote Rubeela Farooqi, chief U.S. economist for High Frequency Economics, in a note.","kind":null,"is_publish_news":false,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":874969606,"gmtCreate":1637721085309,"gmtModify":1637721085533,"author":{"id":"3581568450429470","authorId":"3581568450429470","name":"JY00","avatar":"https://static.tigerbbs.com/b6e17ebb891eb376aff5c7eb5088602f","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874969606","repostId":1107116961,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":874985009,"gmtCreate":1637720690468,"gmtModify":1637720690585,"author":{"id":"3575582076363736","authorId":"3575582076363736","name":"AudTKH","avatar":"https://static.tigerbbs.com/e4905e1cd622b8faa04ad4125cd04a83","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Oh&nbsp;","listText":"Oh&nbsp;","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/874985009","repostId":1107116961,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6701904,"gmtCreate":1637721080497,"gmtModify":1637721080527,"authorId":3581568450429470,"author":{"id":3581568450429470,"authorId":3581568450429470,"name":"JY00","avatar":"https://static.tigerbbs.com/b6e17ebb891eb376aff5c7eb5088602f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":874985009,"type":1,"supId":0,"prevId":0,"content":"Ya?","text":"Ya?","html":"Ya?"}],"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":31,"commentSize":2,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.25.1","shortVersion":"4.25.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1107116961"}