Slight increase in weekly jobless claims in the United States

Slight increase in weekly jobless claims in the United States

Slight increase in weekly jobless claims in the United States

Unemployment claims rose slightly last week in the United States, remaining at high levels. The US Department of Labor has just announced, for the week ended February 27, that jobless claims reached 745,000, a slight increase of 9,000 compared to the revised reading of the previous week of 736,000. The consensus was positioned at 750,000.

The four-week average stands at 790,750, down 16,750. Finally, the number of unemployed people receiving benefits over the week ended February 20 reached 4.295 million, down from 1,240,000 over seven days (4.3 million consensus).

Before the coronavirus shut down most of the US economy last year, the previous record was in 1982 with 695,000 weekly requests.

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