empty
 
 

2021.05.1312:34:00UTC+00U.S. Initial Jobless Claims Dip More Than Expected

First-time claims for U.S. unemployment benefits fell by more than expected in the week ended May 8th, according to a report released by the Labor Department on Thursday.

The report said initial jobless claims dipped to 473,000, a decrease of 34,000 from the previous week's revised level of 507,000.

Economists had expected jobless claims to edge down to 490,000 from the 498,000 originally reported for the previous week.

With the bigger than expected decrease, jobless claims once again fell to their lowest level since hitting 256,000 in the week ended March 14, 2020.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback