According to a report by the U.S. Department of labor, the number of initial claims for unemployment benefits in the U.S. for the week ended 21 October, increased by 10 thousand compared to the previous week and amounted to 233 thousand
Analysts had expected the headline number would be 235 thousand
A week earlier the number of initial claims amounted to 223 thousand, revised from 222 thousand
The four-week average for initial applications fell by 9.0 thousand compared with the figure of the previous week and amounted to 239.5 thousand
The report noted the continuing “significant impact” hurricanes Irma and Maria on the performance of the last week in Puerto Rico and the us virgin Islands affected by power outages and damage to the infrastructure.
The number of insured, and repeated requests for unemployment benefits for the week ended October 14, decreased by 3 thousand and reached 1893 million (with a minimum of 29 December 1973) 1896 against thousand a week earlier. The value of the previous week, revised from 1888 thousand
The four-week average for repeat complaints fell by 4.5 thousand to 1903.5 thousand (at least since January 12, 1974).
The total number of US citizens receiving any kinds of financial unemployment assistance from the municipal and Federal authorities, for the week ending October 7, decreased by 15.9 thousand and amounted to 1.6 million people. In the same period of 2016 the number of US citizens receiving government unemployment assistance amounted to 1.74 million people.