First-time claims for U.S. unemployment benefits saw a modest increase in the week ended October 11th, according to a report released by the Labor Department on Thursday.
The report said initial jobless claims edged up to 214,000, an increase of 4,000 from the previous week’s unrevised level of 210,000. Economists had expected jobless claims to inch up to 215,000.
The Labor Department said the less volatile four-week moving average also crept up to 214,750, an increase of 1,000 from the previous week’s unrevised average of 213,750.
The material has been provided by InstaForex Company – www.instaforex.com
- *Dutch Jan Business Confidence 0.6 Vs. -0.4 In December - January 28, 2021
- *Philippine 2020 GDP Down 9.5% - January 28, 2021
- *Philippine Q4 GDP Falls 8.3% Annually Vs. -11.4% In Q3, Consensus -8.5% - January 28, 2021