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U.S. Initial Jobless Claims Unexpectedly Rose for a Second Week

Economic IndicatorsSep 23, 2021 08:36AM ET
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© Bloomberg. A worker puts down a table cloth at a restaurant in San Francisco. Photographer: David Paul Morris/Bloomberg

(Bloomberg) -- Applications for U.S. state unemployment benefits unexpectedly rose last week, a sign of choppy weekly data as the labor market continues its broad recovery.

Initial unemployment claims in regular state programs rose to 351,000 in the week ended Sept. 18, Labor Department data showed Thursday. The median estimate in a Bloomberg survey of economists called for a decrease to 320,000 new applications.

Continuing claims for state benefits increased to 2.8 million in the week ended Sept. 11.

The rise in claims reflects the volatility in weekly data as the figure has broadly declined throughout the economic recovery.

Looking ahead, economic growth is expected to slow in the third quarter amid a pullback in stimulus spending. The end of federal pandemic benefits has not yet led to an increase in job applications, according to employers across industries.

©2021 Bloomberg L.P.

U.S. Initial Jobless Claims Unexpectedly Rose for a Second Week
 

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Comments (23)
musa lassan mustapha
musa lassan mustapha Sep 23, 2021 11:39AM ET
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am happy to see my self at here
William Bailey
William Bailey Sep 23, 2021 11:26AM ET
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Great news!!! More credit printing for wallstreet and more homeless people !!!
Kimberly Forstain
Kimberly Forstain Sep 23, 2021 11:26AM ET
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hello
Todd Turner
Todd Turner Sep 23, 2021 10:24AM ET
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Time to move on to another app!
Mad Money
Mad Money Sep 23, 2021 10:24AM ET
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Bye felicia
Todd Turner
Todd Turner Sep 23, 2021 10:23AM ET
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Time to delete this app!
AY Haych
AY Haych Sep 23, 2021 9:49AM ET
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Grow some ******JPow you puppet
Johnny Tran
Johnny Tran Sep 23, 2021 9:49AM ET
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Haha
Jm Vm
Jm Vm Sep 23, 2021 9:30AM ET
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135,000+ new Covid infections daily with over 2250 daily deaths in the US. No wonder why people aren't rushing back into the workforce. Until GQP politicians and their less than bright supporters get real in taking action to control this pandemic spreading unchecked in the US no one should expect anything but hesitancy in people returning to work. If I didn't retire just before the pandemic was given the green light to spread across our Nation by the fat golfer and his minions, I would have retired immediately after the fat golfer and GQP claimed the pandemic was a hoax. I was lucky and got out before they did all they could to help the virus spread across the country and place US Citizens in danger at work.
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Jm Vm
Jm Vm Sep 23, 2021 9:30AM ET
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Ferdinando Riboni You'd be better off without the vaccination. Obey QAnon, the GQP, and your glorious leader the fat golfer.
Josh Davis
Josh Davis Sep 23, 2021 9:30AM ET
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The vaccine wont stop the virus. Stop spreading lies. Get in line for the 99th booster sheepy. You keep the pharma industries afloat the rest of us will continue with the science.
Jm Vm
Jm Vm Sep 23, 2021 9:30AM ET
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Josh Davis Pfft! The vaccine prevents serious illness, death, the overwhelming of our hospitals by the seriously ill less than bright, reduces medical staff exposure to a deadly virus, and WILL STOP THE SPREAD when enough people get immunized but do us all a favor and don't get it. Show us all you know more than the doctors do.
Jm Vm
Jm Vm Sep 23, 2021 9:30AM ET
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Rob Banks Project much?
Alejandro Ca
Alejandro Ca Sep 23, 2021 9:30AM ET
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"Thin the herd" is the phrase that anti-vaxxers are using. Little do they realize they are the ones being thinned out....
Me comment
Me comment Sep 23, 2021 9:15AM ET
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Unexpectedly, anyone with half a brain would have expected the rise with the impact from increased covid-19 and the hurricanes effecting the golf coast and other severe flooding.
Prachi Somawat
Prachi Somawat Sep 23, 2021 9:13AM ET
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biggest recession we all citizens are pushed by these world leaders by giving free EMI and money to market and *******the actual purchase power of us😭😭
Kaveh Sun
Kaveh Sun Sep 23, 2021 9:11AM ET
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Gotta love those economists, when their numbers r wrong they always use the word ‘unexpected’. They r so predictable.
Saroop Calvete
Saroop Calvete Sep 23, 2021 9:11AM ET
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It is difficult to make predictions, especially about the future.
safwan nazaruddin
safwan nazaruddin Sep 23, 2021 9:10AM ET
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unfortunately it is coloured red on the https://investing.com calendar
TheEnd IsNigh
TheEnd IsNigh Sep 23, 2021 9:09AM ET
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So when's that taper gonna happen, again, Mr. Powell?
Kelly Mayer
Kelly Mayer Sep 23, 2021 9:01AM ET
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I guess millions of illegals pouring through the border providing companies with attractive cheap labor causes an "unexpected" rises in unemployment. Who would have thought...
Jouni Matero
Jouni Sep 23, 2021 9:01AM ET
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I Still don't understand what here was unexpected??
Steffen vdm
Steffen vdm Sep 23, 2021 9:01AM ET
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Just expect that the experts expect the expected to be unexpected.
John Whitfield
John Whitfield Sep 23, 2021 9:00AM ET
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because vaccine mandates imposed and people laying off because of it.
Robbie Williams
gumnut Sep 23, 2021 9:00AM ET
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Which one? Flu, tetanus, hep a, hep b, polio, measles, chickenpox? There are mandates for tons of vaccines across all states and to serve, can you be more specific?
Saroop Calvete
Saroop Calvete Sep 23, 2021 9:00AM ET
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Robbie Williams  Perhaps a vaccine that was rushed through clinical development and was approved for emergency use just a few months after created?
David Smith
David Smith Sep 23, 2021 9:00AM ET
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Hmm. Why aren’t people working?
perplexed76 .
perplexed76 . Sep 23, 2021 8:57AM ET
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lol... just lol... gamblers made several happy rally on good data and now what? new rally i guess
Ricardo Diogo
Rcd72 Sep 23, 2021 8:57AM ET
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Fed drives non sense liquidity that is headed towards bubble speculation and shoot the inflation higher to the 80 level!!!, silly price's for metals energy and food are growing the unemployment!
Mark McMillan
Mark McMillan Sep 23, 2021 8:47AM ET
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meanwhile companies are begging for help. how many of these are unvaccinated who are begging to exit because of the mandate?
the daber is awesome
the daber is awesome Sep 23, 2021 8:47AM ET
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what did you expect? you mandate people to get something they don't want, and that's their choice
Jm Vm
Jm Vm Sep 23, 2021 8:47AM ET
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Let them exit the workforce! I would only hire vaccinated people to help prevent others FROM GETTING SERIOUSLY ILL. Who needs people working for them that are more than eager to spread a deadly virus throughout their company's workforce?
Classic Williams
Classic Williams Sep 23, 2021 8:44AM ET
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how can I start
Val Lange
Val Lange Sep 23, 2021 8:43AM ET
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Real unemployment around the world is up, just the begining
Ankit Jain
Ankit Jain Sep 23, 2021 8:41AM ET
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350k unemployed, 2k deaths daily this is the super power progress after printing trillion the new world order is coming be ready for it
Saroop Calvete
Saroop Calvete Sep 23, 2021 8:41AM ET
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I am still waiting for the flying cars they predicted in the fifties.
Zainab MOhammed
Zainab MOhammed Sep 23, 2021 8:41AM ET
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I really appreciate it
iGet Trades
iGet Trades Sep 23, 2021 8:39AM ET
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Unexpectedly?!? 🤣🤣🤣
 
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