U.S. unemployment benefits rose to 351,000 earlier last week than expected | Anue Ju Heng-US stocks

The US Department of Labor announced on Thursday (23rd) that the unemployment benefits received at the beginning of last week rose slightly to 350,000, which was higher than market expectations.

As of the week of September 18, the United States’ initial unemployment claims were reported at 351,000 and expected to be 320,000. The previous value was raised from 332,000 to 335,000; the 4-week moving average was reported at 336,000, and the revised previous value was reported. 337,000 people.

As of the week of September 11, the United States reported 2.845 million renewed unemployment benefits and an expected 2.6 million. The previous value was raised from 2.665 million to 2.714 million; the 4-week moving average was 2.804 million, and the revised previous value was reported. 2.82 million people.

Above: the trend of the number of initial unemployment benefits, and the bottom: the trend of continued unemployment benefits (Figure: US Department of Labor)

The number of initial jobless claims in California increased by 24,000 to 76,000 last week, and Virginia also increased by 13,000 to 16,700. Louisiana continued to recover from the impact of Hurricane Ida. The number dropped by more than 7,000 to 6,734.

As of the week of September 4, the total number of applicants for epidemic-related unemployment benefits (PUA+PEUC) in the United States fell by 750,000 to 8.5 million, and the number of state unemployment benefits also fell by 290,000 to 2.37 million. The total number of applicants for unemployment benefits fell to less than 12 million.


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