Free Trial

MNI: US DATA: JOBLESS CLAIMS AT 3.2M IN MAY 2 WEEK...>

MNI, NEWS
MNI: US DATA: JOBLESS CLAIMS AT 3.2M IN MAY 2 WEEK
-------------------------------------------------
-US JOBLESS CLAIMS AT 3.2M IN MAY 2 WK; 3M EXPECTED 
-INIT CLAIMS 4-WEEK AVG 4.2M IN MAY 2 WEEK 
-NSA JOBLES CLAIMS AT 2.8M IN MAY 2 WEEK
-INIT CLAIMS UNREV IN APRIL 25 WEEK (PREV 3.8K)
-CONTINUING CLAIMS 22.6M IN APRIL 25 WK; 18M NSA
---------------------------------------------------
US weekly jobless claims reached 3.2 million in the week ending May 2, down from
the previous week's 3.8 million, the Labor Department reported Thursday. The
Labor Department said this week's report also accounted for claimants filing
Pandemic Unemployment Assistance and Pandemic Emergency Unemployment
Compensation claims, two temporary federal programs established as part of the
CARES Act signed by President Trump in March.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.