imageEconomic Indicators12 hours ago (Feb 27, 2020 09:11AM ET)

(C) Reuters. U.S. jobless claims rise in latest week

(Reuters) – Initial claims for unemployment benefits rose more than expected to 219,000 in the latest week from a revised 211,000 the previous week, the U.S. Labor Department said on Thursday.

Economists polled by Reuters had forecast claims would rise to 212,000.

The four-week moving average of initial claims, considered a better measure of labor market trends as it irons out week-to-week volatility, rose to 209,750.

Thursday’s claims report also showed the number of people receiving benefits after an initial week of aid declined to 1.724 million.

U.S. jobless claims rise in latest week

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.