US weekly jobless claims unexpectedly fall

The number of Americans filing claims for unemployment benefits unexpectedly fell last week to 196000. Economists note the decline likely reflects holiday volatility.

Xurve View
Insights:
Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York City, U.S., September 3, 2021. REUTERS/Andrew Kelly

Initial claims for state unemployment benefits in the United States fell 10,000 to a seasonally adjusted 196,000 for the week ended September 12, according to Labor Department data released on Thursday morning. Economists had projected 208,000 claims for the period. The drop likely reflected holiday volatility surrounding Labor Day.

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.