U.S. Initial Unemployment Claims Fall Below Expectations

IconCryptoNewsTerminal Staff15 Aug, 2024

cryptonews.jpg

U.S. Initial Unemployment Claims Fall Below Expectations

Last week, the number of new unemployment claims in the United States was 227,000, which was less than the expected 236,000. This is a decrease from the previous week's total of 232,000. The decline in unemployment claims suggests that the U.S. labor market is continuing to recover from the COVID-19 pandemic. However, it is important to note that the number of unemployment claims is still higher than it was before the pandemic began.

Related News