Jobless Claims Higher Than ‘Expected’ Because Deep, Dark Recession

Jobless Claims Higher Than ‘Expected’ Because Deep, Dark Recession

793,000 Americans filed for unemployment benefits last week, more than expected. The last three weeks witnessed a measure of respite after a harrowing spike during 2021's earliest days. That reprieve may be over. The latest print represents the first increase in four weeks. Consensus was looking for 760,000. The top-end of the range from 41 economists was 820,000, so this was nearly on par with the most pessimistic guess. The previous week was revised higher, to 812,000. Frankly, it wouldn'
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