24+ Jobless Claims Report Background. 10.550 million expected and continuing claims, however, trended lower. Advance claims are reported by the state liable for paying the unemployment compensation, whereas previous weeks reported claims reflect claimants by state of residence.

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Economists expected the jobless claims number to come in around 888,000, the wall street journal reported. Initial jobless claims refer to claims for unemployment benefits filed by unemployed individuals with state unemployment agencies. Continuing jobless claims, week ended oct.

The totals remain well above.

The labor department's newest weekly jobless claims report shows 6.6 million americans applying for unemployment over the last week. The number of jobless claims that have just been released is at 3.28 millions. Initial jobless claims measures the number of individuals who filed for unemployment insurance for the first time during the past week. Jobless claims climbed by 3.28 million last week as efforts to contain the coronavirus pandemic triggered a wave of layoffs and brought the u.s.

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