Share Prices & Company Research

Market News

14 Jan 2021 | 13:40

US jobless claims surge during latest week

(Sharecast News) - The number of Americans filing for unemployment surged at the start of 2021.

According to the Department of Labor, in seasonally adjusted terms, initial unemployment claims soared by 181,000 over the week ending on 9 January to reach 965,000.

Economists had been expecting a dip from 787,000 to 775,000.

The four-week moving average for initial claims meanwhile increased by 18,250 to 834,250.

Secondary unemployment claims, which are those not being filed for the first time and which reference the preceding week, grew by 199,000 to approximately 5.27m.
Get in touch today
Join Redmayne Bentley
Talk to us now about opening a new account or transferring your account from another provider
0113 243 6941
Get in touch today
Contact your local office
Contact your local office to find out more
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
Continuing our Personal Service: View our Latest COVID-19 Update: 15th January 2021
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.