U.S. Weekly Jobless Claims Jump To Two-Year High
2019年12月12日 - 6:24PM
RTTF2
First-time claims for U.S. unemployment benefits jumped by much
more than expected in the week ended December 7th, according to a
report released by the Labor Department on Thursday.
The report said initial jobless claims surged up to 252,000, an
increase of 49,000 from the previous week's unrevised level of
203,000. Economists had expected jobless claims to edge up to
213,000.
With the much bigger than expected increase, jobless claims
reached their highest level since hitting 257,000 in September of
2017.
However, Michael Pearce, Senior U.S. Economist at Capital
Economics, said the spike in jobless claims "most likely reflects
seasonal adjustment problems around the Thanksgiving holiday rather
than a genuine sudden deterioration in labor market
conditions."
The Labor Department said the less volatile four-week moving
average crept up to 224,000, an increase of 6,250 from the previous
week's unrevised average of 217,750.
Meanwhile, the report said continuing claims, a reading on the
number of people receiving ongoing unemployment assistance, fell by
31,000 to 1.667 million in the week ended November 30th.
The four-week moving average of continuing claims also dipped to
1,676,000, a decrease of 6,250 from the previous week's revised
average of 1,682,250.
Last Friday, the Labor Department released a separate report
showing much stronger than expected job growth in the month of
November.
The report said non-farm payroll employment soared by 266,000
jobs in November after climbing by an upwardly revised 156,000 jobs
in October.
Economists had expected an increase of about 180,000 jobs
compared to the addition of 128,000 jobs originally reported for
the previous month.
With the stronger than expected job growth, the unemployment
rate edged down to 3.5 percent in November from 3.6 percent in
October. The unemployment rate was expected to remain
unchanged.
The unexpected decrease pulled the unemployment rate back down
to the nearly 50-year low originally hit in September.
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