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Initial Jobless Claims Below Expected

US DATA
MNI (Washington)
  • U.S. initial jobless claims dipped to 787,000 through December 26, far below expectations for 833,00 claims, according to figures released Thursday by the Labor Department.
  • Initial claims filed through December 19 were revised up to 806,000 (prev 803,000).
  • Continuing claims through December 19 fell to 5.219 million, down from 5.322 million through December 12.
  • Pandemic Unemployment Assistance claims fell to 308,262 through December 26, down from 396,948 through December 19.
  • Through December 12, a total of 19.6 million Americans were claiming UI benefits, down 800,000 from the previous week's 20.4 million.
MNI Washington Bureau | +1 202-371-2121 | brooke.migdon@marketnews.com
MNI Washington Bureau | +1 202-371-2121 | brooke.migdon@marketnews.com

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