![]() ![]() Still, at 787,000, weekly initial jobless claims remain high compared to the about 200,000 new claims filed on average each week before the pandemic. New jobless claims broke below the 800,000 level for the first time this month, after holding above that level for the past three consecutive weeks. 5.370 million expected and a revised 5.322 million during the prior week 835,000 expected and a revised 806,000 during the prior weekĬontinuing claims, week ended Dec. ![]() Here were the main results in the report, compared to consensus estimates compiled by Bloomberg: The Department of Labor released its weekly report on new jobless claims Thursday morning at 8:30 a.m. Jobless claims unexpectedly fell last week but still held at a historically elevated level, as impacts from the coronavirus pandemic still reverberated across the labor market.
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