The number of applicants for unemployment benefits for the first time in the USA rose to 965 thousand in the week ending January 9, higher than expected.
The US Department of Labor released data on weekly unemployment benefits. Accordingly, the number of people who demanded unemployment benefits for the first time in the country increased by 181 thousand people in the week ending January 9 compared to the previous week and reached 965 thousand.
With the effect of the increase in new types of coronavirus (Kovid-19) cases, the data, which increased above market expectations, was expected to occur at the level of 795 thousand.
The previous week’s data on the number of unemployment benefit applications has been revised from 787 thousand to 784 thousand. As of last week, 4-week average unemployment benefit applications increased by 18.250 compared to the previous week and rose to 834.250.
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Ongoing unemployment applications were recorded as 5 million 271 thousand, with an increase of 199 thousand compared to the previous week for the week ending January 2.
Weekly unemployment pension applications have increased due to the increase in Kovid-19 cases and the effect of tightening measures after the decline in recent weeks. The number of applications reached its highest level since August last year.
While the data in question continues to hover well above the pre-epidemic levels, analysts stated that the increase in the number of cases has weakened conditions in the labor market.
The number of people applying for unemployment benefits for the first time in the USA reached a record level, rising to 6 million 867 thousand in the week ending March 28, as the Kovid-19 epidemic affected the labor market.
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