The US Department of Labor announced on Thursday (17th) that the latest unemployment benefits data unexpectedly rose, with the number of initial claims rising to nearly 250,000, which was higher than market expectations and rose for the first time in nearly four weeks.
As of the week of February 12, the number of people receiving unemployment benefits in the United States reported 248,000, higher than the market expectation of 218,000, the previous value was raised from 223,000 to 225,000, and the 4-week moving average was reported at 243,000.
As of the week of February 5, the number of people receiving unemployment benefits in the United States reported 1.593 million, which was lower than the market expectation of 1.605 million. The previous value was lowered from 1.621 million to 1.619 million, and the 4-week moving average was reported at 1.626 million.
The number of new applicants last week rebounded for the first time in nearly a month. The number of new hires has continued to decline steadily since hitting a 3-month high in mid-January. At the same time, the U.S. labor market is in a tightening state, job openings are still near record highs, and employers are still struggling to think Ways to keep employees.
Citigroup economist Veronica Clark said jobless claims will continue to dip in the coming months and remain below pre-pandemic levels, reflecting that overall layoffs are still low and companies are still struggling to meet ideal level of employment.
