Jobless claims preview: Another 610,000 Americans likely filed new unemployment claims

Yahoo Finance2021-04-22

New weekly jobless claims likely edged higher last week after plunging to the lowest level since the start of the pandemic. The Department of Labor will release its weekly report on new jobless claims...

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JKMH
2021-04-22
JKMH
Ohh
Chye
2021-04-22
Chye
Not cool
- DragonTM:
  How to get top comment?
FrOztIeZ
2021-04-22
FrOztIeZ
😵
Ai_Ling
2021-04-22
Ai_Ling
Cool
- Kristyng:
  Great
JamesBond200
2021-04-22
JamesBond200
up
- Chye:
  yes up
FlyHighFly
2021-04-22
FlyHighFly
Please help to like and comment
- DragonTM:
  Ok

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Here were the main metrics expected from the report, compared to consensus data compiled by Bloomberg:\n\nInitial jobless claims, week ended April 17: 610,000 expected vs. 576,000 during the prior week\nContinuing claims, week ended April 3: 3.640 million expected vs. 3.731 million during the prior week\n\nLast week's new claims came as a welcome surprise after more than a year of elevated initial filings. At 576,000, new claims broke below the Great Recession-era high of 665,000 filed in March 2009 for the first time in more than a year. And claims have dropped precipitously from their all-time high of 6.1 million from last spring.\nBut the labor market recovery has still been choppy, and the general downtrend in new jobless claims over the past several months has come with some bumps higher. 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