U.S. jobless claims

by akoloy

First-time filings for unemployment insurance coverage jumped greater final week in an indication of continuous strife for the labor market.

New claims totaled 861,000, the very best stage in a month and above the Dow Jones estimate of 773,000, the Labor Department reported Thursday.

Markets moved little on the information, with shares poised to open decrease on Wall Street.

The complete for the week ended Feb. 13 solely marked a slight uptick, nonetheless, from the 848,000 every week in the past. That quantity was revised up from the initially reported 793,000.

Continuing claims declined once more, edging decrease to simply beneath 4.5 million, a drop of 64,000. That knowledge runs every week behind the headline first-time claims complete.

This is breaking information. Please verify again right here for updates.

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