• 184
  • 47
  • Favorite

U.S. weekly jobless claims total 360,000, as expected

Tiger Newspress2021-07-15

New weekly jobless claims fell to the lowest level since March 2020, closing back in on pre-pandemic levels as the rate of new joblessness slowed further.

The Department of Labor released its weekly report on new jobless claims Thursday at 8:30 a.m. ET. Here were the main metrics from the report, compared to consensus data compiled by Bloomberg:

  • Initial jobless claims, week ended July 10:360,000 vs. 350,000 expected and 373,000 during prior week

  • Continuing claims, week ended July 3:3.241 million vs. 3.300 million expected and 3.339 million during prior week

Initial unemployment claims extended a months-long downward trend and came in below the psychologically important 400,000 level for a third straight week. During the comparable week in mid-July last year, new filings totaled 1.5 million.

Markets reacted little to the claims news, with stock market futures pointing lower and government bond yields edging down following the release.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment47

  • TaiWoeiHaur
    ·2021-07-16
    Pls like 
    Reply
    Report
  • replaygoh
    ·2021-07-16
    useless
    Reply
    Report
  • Wizardry_Sg
    ·2021-07-15
    Ok
    Reply
    Report
  • Chibichibi
    ·2021-07-15
    Please like Thank you
    Reply
    Report
  • Meshaarias72
    ·2021-07-15
    Liked n comment pls
    Reply
    Report
  • Ryanballstoy
    ·2021-07-15
    Oh no
    Reply
    Report
    Fold Replies
    • HAPPY128
      Not good
      2021-07-15
      Reply
      Report
    • HAPPY128
      Comments
      2021-07-15
      Reply
      Report
  • Zawzaw
    ·2021-07-15
    [Strong] 
    Reply
    Report
  • och
    ·2021-07-15
    Like and comment pls thx 
    Reply
    Report
    Fold Replies
  • Kaytyt
    ·2021-07-15
    Nice!!
    Reply
    Report
    Fold Replies
    • och
      [微笑]
      2021-07-15
      Reply
      Report
  • tong888
    ·2021-07-15
    Orh
    Reply
    Report
  • Fynn_SG
    ·2021-07-15
    Drop
    Reply
    Report
  • JLMBEN
    ·2021-07-15
    Not good news
    Reply
    Report
  • Flashtrade
    ·2021-07-15
    Hope the world economy can recover back to thePre- pandemic 
    Reply
    Report
  • RPRP
    ·2021-07-15
    Please like and comment. Thanks.
    Reply
    Report
    Fold Replies
    • JPTL
      ok
      2021-07-15
      Reply
      Report
  • ShawnTai
    ·2021-07-15
    Well.. market not really follow this number now
    Reply
    Report
    Fold Replies
    • ShawnTaiReplying toJinyuan
      yes he has to but use the right words and short briefing enough. Talk more wrong more [笑哭]
      2021-07-15
      Reply
      Report
    • JinyuanReplying toShawnTai
      agree!!!
      2021-07-15
      Reply
      Report
    • JinyuanReplying toShawnTai
      I would say Powell tried his best but I feel the regular briefings and updates are detrimental to the market.
      2021-07-15
      Reply
      Report
    View more 2 comments
  • Don5286
    ·2021-07-15
    Like n comment pls
    Reply
    Report
    Fold Replies
    • Don5286
      tks
      2021-07-17
      Reply
      Report
    • HW33
      yes
      2021-07-15
      Reply
      Report
    • Don5286
      tks
      2021-07-16
      Reply
      Report
  • B
    Reply
    Report
  • rachellll
    ·2021-07-15
    a
    Reply
    Report
    Fold Replies
  • rachellll
    ·2021-07-15
    a
    Reply
    Report
  • rachellll
    ·2021-07-15
    a
    Reply
    Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial