Number of applications for unemployment benefits in the USA is 1.5 million
The number of applicants for unemployment benefits in the U.S. was announced as 1.5 million a week ending June 13. Even though there has been a downward trend in unemployment pension applications after the pandemic, it continues to be above the averages of the past years.
The US Department of Labor announced that the number of applicants to the unemployment pension at the country was 1.5 million a week, which ended on 13 June. The market expectation for the data, which continued to decline compared to the previous weeks, was 1 million 290 thousand.
The number of people who demanded unemployment benefits for the first time in the USA decreased by 58 thousand people to 1 million 508 thousand in the week ending June 13, compared to the previous week.
The market expectation for the data, which continued to decline compared to previous weeks with the easing of the restrictions against the COVID-19 outbreak and the normalization of economic activity, was 1 million 300 thousand.
The data of the previous week regarding the number of unemployment benefits was revised from 1 million 542 thousand to 1 million 566 thousand.
Thus, the number of people applying for unemployment benefits for the first time in the US has been calculated as 46 million 2 thousand since the week ended March 14, when the Kovid-19 outbreak began to affect the labor market.
As of last week, 4-week average unemployment benefits fell by 234 thousand 500 people compared to the previous week and decreased to 1 million 773 thousand 500.
Meanwhile, ongoing unemployment applications decreased by 62 thousand people in the week ending June 6, compared to the previous week, to 20 million 544 thousand.