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US weekly jobless claims at seven-month low as layoffs remain low
- The number of Americans applying for unemployment benefits declined last week, indicating low layoffs.
- 216,000 Americans filed for unemployment benefits in the week ending November 22nd, a decrease of 6,000 from the previous week.
- Recent job cuts announced by major companies like Target and Amazon may not be reflected in the claims data yet.
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38 Articles
US Jobless Claims Unexpectedly Fall to Lowest Level Since April
The number of Americans filing for unemployment benefits unexpectedly declined for the third consecutive week to a seven-month low, according to Department of Labor data released on Nov. 26. For the week ending Nov. 22, initial jobless claims fell by 6,000 to 216,000—the lowest level since mid-April—from the previous week’s reading of 222,000. The market consensus indicated a reading of 225,000. New claims data might be surprising, as scores of …
·New York, United States
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Fewer Americans sought unemployment benefits last week as job cuts stay low
The number of Americans applying for unemployment benefits declined last week in a sign that layoffs remain low, even as several high-profile companies have announced job cuts.
·United States
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Total News Sources38
Leaning Left8Leaning Right3Center19Last UpdatedBias Distribution63% Center
Bias Distribution
- 63% of the sources are Center
63% Center
L 27%
C 63%
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