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Entered 2024.05.09 21:39 Modified 2024.05.09 21:39
Last week, the number of new claims for unemployment benefits in the US exceeded market expectations.
According to the announcement of the US Department of Labor on the 9th (local time), the number of new unemployment claims in the US was 231,000, exceeding market expectations of 212,000. It was higher than last week’s revised value (209,000). The number of claims for continuous unemployment benefits for two consecutive weeks also reached 1.785 million, exceeding market expectations (1.79 million).
The number of new unemployment claims is one of the indicators of the overheated labor market in the United States. An increase in the number of unemployment claims is interpreted to mean that the number of unemployed is increasing. This can be interpreted to mean that the job market is cooling somewhat.
Reporter Kang Min-seung, Blooming Beat
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