The U.S. Department of Labor released the latest unemployment benefits data on Thursday (5th). Last week, the adjusted number of initial jobless claims reported 204,000, which was lower than market expectations of 225,000 and a decrease of 19,000 from the revised previous value of 223,000. People, the data show that the job market is still hot, may prompt the Federal Reserve (Fed) to continue raising interest rates to cool the job market.
As of December 31 last year, the adjusted number of initial jobless claims in the United States reported 204,000, lower than market expectations, a decrease of 19,000 from last week’s revised 223,000, and a 4-week moving average of 213,700 people.
As of the week of December 24 last year, the adjusted number of Americans continuing to receive unemployment benefits was reported at 1.694 million, a decrease of 24,000 from last week’s revised 1.718 million and below market expectations of 1.708 million, the 4-week moving average Reported 1.6875 million people.
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