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Usa: unemployment benefits rise by surprise, +4 thousand units

Initial jobless claims rose 4 in the past week to 372, while analysts had forecast they would fall as much as 3 – The market now awaits a response from the Fed.

Usa: unemployment benefits rise by surprise, +4 thousand units

In United States last week the initial requests of unemployment benefits are increased by 4.000 units, up to 372.000. The data, released by the US Department of Labor, is in stark contrast to the expectations of analysts, who on average had foreseen a reduction of 3.000 units.

As for the four-week average, however, it increased by 3.750 units, to 368.000, up slightly from the previous week but down 2,1% from the second week of July. About 5,59 million people received state or federal benefits in the week ending Aug. 4, down 109.812 from the previous week.

Continuing claims rose to 3,317 million in the week ending August 11 from 3,313 million the week prior.

US governments recovered losses on an unexpected rise in jobless claims last week, which reinforced the view of a sluggish job market.

According to analysts, the level reached by the applications for subsidies will probably leave the unemployment rate above 8%, a level that worries the Fed and which could push it to launch new stimulus measures.

Around 15 in Italy, the 1,68-year and 2,80-year T-bonds are flat and yield respectively XNUMX% and XNUMX%.


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