The number of initial unemployment claims in the US last week reached 214,000, lower than the forecast of 223,500.
US labor market data updated on 12/24 shows that the number of initial claims decreased compared to estimates, while the number of people continuing to receive benefits in the week ending 12/13 was higher than forecast.
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Initial unemployment claims: 214,000 vs forecast 223,500.
Continued unemployment claims: 1,923,000 vs forecast 1,900,000.
Data released on 24/12; the reference week for continued claims ends on 13/12.
Trends in unemployment benefit claims
Last week, the number of Americans filing for unemployment benefits for the first time was 214,000, lower than the estimate of 223,500.
This data reflects a lower than expected number of new claims in the referenced week. The difference from the forecast is 9,500 claims, indicating that the rate of new filings is not increasing as the market predicted at the time of the release on 24/12.
Number of people continuing to receive benefits and comparing forecasts
In the week ending 13/12, the number of Americans continuing to file for unemployment benefits was 1,923,000, higher than the forecast of 1,900,000.
Compared to the estimate, the actual level is 23,000 claims higher. The fact that the number of continued claims is higher than expected indicates that the number of people still receiving benefits has not decreased as predicted, even though the number of first-time claims in the previous week was lower than estimated.
Source: https://tintucbitcoin.com/don-tro-cap-that-nghiep-my-giam-con-214-000/
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