The U.S. Department of Labor released the latest unemployment benefits data on Thursday (12th). Last week, the adjusted number of initial jobless claims reported 205,000, lower than market expectations of 215,000 and a decrease of 1,000 from the revised previous value of 206,000. The number of people continuing to receive unemployment benefits also fell sharply last week, and the report showed that the labor market remains hot.
As of the week of January 7 this year, the adjusted number of initial jobless claims in the United States reported 205,000, lower than market expectations, a decrease of 1,000 from last week’s revised 205,000, and a 4-week moving average of 212,500 people.
As of the week ended December 31 last year, the adjusted number of continuing unemployment benefits in the United States was reported at 1.634 million, a decrease of 63,000 from last week’s revised 1.697 million and below market expectations of 1.705 million, the 4-week moving average Reported 1.6795 million people.
Continually updated…