Jobless claims: Another 205,000 individuals filed new claims last week_老虎社区_美港股上老虎

Jobless claims: Another 205,000 individuals filed new claims last week

finance.yahoo2021-12-23

New weekly jobless claims held below pre-pandemic levels last week, further underscoring still-solid demand for labor heading into the new year. The Labor Department released its latest weekly jobless...

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来人
·2021-12-24
Nice
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zhengliang96
·2021-12-23
Hi
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Konnyaku
·2021-12-23
...
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- Konnyaku:
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Snooooooopy
·2021-12-23
Like pls
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- 来人:
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  2021-12-24
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han1911
·2021-12-23
Ok
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- lavin:
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ToongMH
·2021-12-23
Good to read
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xxbbew
·2021-12-23
Lik
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- Snooooooopy:
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WEE Yang
·2021-12-23
Ok
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- xxbbew:
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KidGoat
·2021-12-23
Pls like and comment thanks
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- Shininglight:
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Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg:\n\nInitial jobless claims, week ended Dec. 18:205,000 vs. 205,000 expected and a downwardly revised 205,000 during prior week\nContinuing claims, week ended Dec. 11:1.859 million vs. 1.835 million expected and an upwardly revised 1.867 million during prior week\n\nThis week's new jobless claims report coincides with the survey week for the December monthly jobs report from the Labor Department, offering an early indication of the relative strength expected in that print due for release in early January.\nAt 205,000, initial unemployment claims were expected to come in below even pre-pandemic levels yet again, with jobless claims having averaged around 220,000 per week throughout 2019. Earlier this month, first-time unemployment filings fell sharply to 188,000, or the lowest level since 1969. And based on the latest report, the four-week moving average for new claims was near its lowest in 52 years, ticking up by 2,750 week-over-week to reach 206,250.\nContinuing claims have also come down sharply from pandemic-era highs, albeit while remaining slightly above the 2019 average of about 1.7 million. 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In a press conference last week,Federal Reserve Chair Jerome Powell maintained, \"Amid improving labor market conditions and very strong demand for workers, the economy has been making rapid progress toward maximum employment.\" And at the close of the Federal Open Market Committee's latest policy-setting meeting, officials decided to speed their rate of asset-purchase tapering,paring back some crisis-era support in the economy as the recovery progressed.\nMany Americans have also cited solid labor market conditions, especially as job openings hold at historically high levels. In the Conference Board's latest Consumer Confidence report for December, 55.1% of consumers surveyed said jobs were \"plentiful.\" While this rate was down slightly from November's 55.5%, it still represented a \"historically strong reading,\" according to the Conference 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