THE United States Department of Labor (DOL) The government reported on Thursday (May 21) that the country registered 209,000 new unemployment benefit claims in the week ending May 16. This result was below the 210,000 applications expected by the market and represents a decrease of 3,000 applications compared to the previous week, when 212,000 applications were registered (revised from 211,000). The four-week moving average fell to 202,500 applications, a decrease of 1,500 applications compared to the previous reading, revised from 203,750 to 204,000 applications. The insured unemployment rate remained stable at 1.2% in the week ending May 9. In the same period, continuing claims totaled 1.782 million, an increase of 6,000 compared to the revised level of the previous week, which rose from 1.782 million to 1.776 million. The four-week moving average of continuing claims fell to 1.773 million, a decrease of 6,500 claims compared to the previous revised reading.

This text was translated by machine from Brazilian Portuguese.