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Fewer initial US jobless claims than expected

by alex

Decrease compared to the previous week

The number of initial jobless claims in the US has fallen surprisingly sharply. A total of 779,000 Americans applied for state support last week, the Department of Labor in Washington announced on Thursday. In the seven days before the revised figure was 812,000. Economists had expected 830,000 applications for the previous week.

In the corona crisis, the bottom line has been around ten million jobs in the USA due to the pandemic. The labor market crisis is seen as the greatest challenge for the Federal Reserve and the administration of the new US President Joe Biden.

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