CYPRUS MIRROR
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U.S. jobless claims rise in line with expectations

U.S. jobless claims rise in line with expectations

The number of people applying for unemployment benefits in the country increased by 4 thousand last week to 230 thousand.

Publish Date: 08/12/22 16:44
reading time: 2 min.
U.S. jobless claims rise in line with expectations
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In the week ending December 3, the number of people who applied for unemployment benefits for the first time in the USA increased in line with the expectations and rose to 230 thousand.

The US Department of Labor has released data on weekly jobless claims.

Accordingly, the number of people claiming unemployment benefits for the first time in the country increased by 4 thousand to 230 thousand in the week ending December 3 compared to the previous week.

Unemployment benefit applications, which increased in line with market expectations, were expected to realize at the level of 230 thousand in this period.

The previous week's data on the number of applications for unemployment benefits was revised from 225 thousand to 226 thousand.

As of last week, 4-week average unemployment benefits applications increased by 1,000 compared to the previous week and reached 230 thousand.

On the other hand, ongoing unemployment applications increased by 62 thousand people in the week ending November 26 and reached 1 million 671 thousand.

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