The number of first-time applicants for state unemployment benefits held steady at a 20-month high last week, rising for the third week in a row, in what could be an early sign of a slowdown. laboratory market in front of federal ReserveAggressive credit tightening.
data from Bureau of Labor Statistics It showed on Thursday that 264,000 new claims for unemployment benefits were filed on a seasonally-adjusted basis in the week ending June 17, which is unchanged from last week’s revised level, marking the highest initial claims activity since October 2021. is the highest level.
The average expectation among economists polled by Reuters was 260,000 new claims.
Meanwhile, the rank of all those who continued to gain after the first week fell to 1.759 million in the week ended June 10, from a revised 1.772 million a week earlier. The latest reading compared with the average economists’ estimate of 1.782 million so-called continuing claims.
The government also stated that We The current account deficit – the broadest measure of the flow of goods, services and investment in and out of the country – widened modestly in the first three months of 2023, averting three quarters of contraction.
Commerce department The current account gap is said to have widened from a revised $216.2 billion in the fourth quarter of 2022 to $219.3 billion in the first quarter. Economists in a Reuters poll had forecast it would rise to $217.5 billion.
data from Bureau of Labor Statistics It showed on Thursday that 264,000 new claims for unemployment benefits were filed on a seasonally-adjusted basis in the week ending June 17, which is unchanged from last week’s revised level, marking the highest initial claims activity since October 2021. is the highest level.
The average expectation among economists polled by Reuters was 260,000 new claims.
Meanwhile, the rank of all those who continued to gain after the first week fell to 1.759 million in the week ended June 10, from a revised 1.772 million a week earlier. The latest reading compared with the average economists’ estimate of 1.782 million so-called continuing claims.
The government also stated that We The current account deficit – the broadest measure of the flow of goods, services and investment in and out of the country – widened modestly in the first three months of 2023, averting three quarters of contraction.
Commerce department The current account gap is said to have widened from a revised $216.2 billion in the fourth quarter of 2022 to $219.3 billion in the first quarter. Economists in a Reuters poll had forecast it would rise to $217.5 billion.