Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

U.S. weekly jobless claims fall to 222,000 - Labor Department

Published 11/17/2022, 08:33 AM
Updated 11/17/2022, 08:35 AM
© Reuters.

By Scott Kanowsky 

Investing.com -- The number of Americans filing for unemployment insurance fell by more than expected last week, according to Labor Department data on Thursday.

Seasonally-adjusted initial jobless claims in the U.S. dropped to 222,000 during the week ending on November 12, down from an upwardly revised reading of 226,000 and below economists' estimates of 225,000.

The four-week moving average, which aims to account for volatility in the numbers, grew to 221,000 from last week's level of 219,000.

Latest comments

And yet another data point in line with a soft landing.
7
America ki ma ki chut
Ha ha ha... 😀
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.