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US initial jobless claims decline to lowest level since April

Initial claims decreased by 6,000 to 213,000 in the week ended Nov. 16

Bloomberg NewsbyBloomberg News
November 21, 2024
in Risk Management
Reading Time: 1 min read
0

Applications for US unemployment benefits unexpectedly fell last week to the lowest level since April, illustrating a solid job market. Initial claims decreased by 6,000 to 213,000 in the week ended Nov. 16. The median forecast in a Bloomberg survey of economists called for 220,000 applications. However, continuing claims, a proxy for the number of […]

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