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US stocks mixed as investors weigh strong jobless-claims data against rising global virus cases

24 days ago   |   By Business Insider

Summary List Placement US stocks were mixed Thursday as investors weighed strong jobless claims data with rising global COVID-19 cases.
Initial jobless claims in the US slid to 547,000 last week , according to the Labor Department. The sum landed below the median estimate of 610,000 claims and marks a new pandemic-era low.
Globally, COVID-19 cases continue to surge after last week saw the highest number of new infections to date during the pandemic. India recorded the highest amount of daily cases by any country during the pandemic on Wednesday and a number of countries in Europe extended...
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US jobless claims fall to 547,000, another pandemic low

US jobless claims fall to 547,000, another pandemic low

24 days ago   |   By The Independent

The number of Americans applying for unemployment aid fell last week to 547,000, a new low since the pandemic struck and a further encouraging sign that layoffs are slowing on the strength of an improving job market
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US weekly jobless claims unexpectedly drop to new pandemic-era low of 547,000

US weekly jobless claims unexpectedly drop to new pandemic-era low of 547,000

24 days ago   |   By Business Insider

Summary List Placement Fewer Americans filed for unemployment benefits last week as hiring picked up amid the reopening of the economy.
New US jobless claims reached an unadjusted 547,000 last week, the Labor Department said Thursday morning. Economists surveyed by Bloomberg expected a jump to 610,000 claims that week. The reading marks a second straight decline and places claims at their lowest level since March 2020.
The previous week's reading was revised slightly higher to 586,000.
Continuing claims, which track Americans currently receiving unemployment benefits, fell to 3.67 million...
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