U.S. states saw new jobless claims fall more than expected to reach a four-month low last week, as impending spring weather and more vaccine-driven business reopenings allow hiring to pick up.
The Department of Labor released its weekly report on new jobless claims on Thursday at 8:30 a.m. ET. Here were the main metrics included in the report, compared to consensus data compiled by Bloomberg:
- Initial jobless claims, week ended March 6: 712,000 vs. 725,000 expected and a revised 754,000 during the prior week
- Continuing claims, week ended February 27: 4.144 million vs. 4.200 million expected and a revised 4.337 million during the prior week
Initial unemployment claims held below 800,000 for a third consecutive week and improved to the lowest level since early November, following a stretch of elevated claims around the holidays earlier this year. Still, claims remain well above even the Great Recession-era high of 665,000 weekly claims in March 2009.
Back to a Democrat caused depression
COVID was intentional democrats and china colluded!!
COVID was intentional democrats and china colluded!
No ! Let me revise that..the GLOBAL masonic lodges colluded.
This included democrats, the republican wing of the democratic party, the media, industry Oligarchs, marxist and communist.
Script hasnt changed. Gas prices jumping, folks out of work, more debt, more taxes (hahahaha MD raising ciggy butts $1.25) food prices still increasing, we are less than 60 days in the new administration.
Boy oh boy