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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.

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Comment47

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