Free Trial

MNI BRIEF: U.S. Jobless Claims Rise For 1st Time Since April

(MNI) WASHINGTON
WASHINGTON (MNI)

U.S. weekly jobless claims rose by 37,000 to 412,000 in the latest week, the first increase since April and a break from what has been a gradual but steady improvement.

The Federal Reserve on Wednesday indicated it needs to see further gains in employment before tapering QE. Economists say claims numbers are getting harder to read as the expiration of extended pandemic benefits in some states is now muddying the data.

MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com
MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com

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.