US unemployment insurance claims drop 249,000 a week to 1.186 million

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Initial claims for unemployment benefits in the United States totaled 1.186 million last week, which represents a reduction of 249,000 claims compared to the immediately previous week. The data were released on Thursday, 6, by the country’s Department of Labor.

With that, the result came better than the projection of economists heard by The Wall Street Journal, who expected 1.423 million orders in the reported period.

On the other hand, continuous requests, that is, orders that correspond to the Americans who count on the benefit for two consecutive weeks, fell 844 thousand, to a total of 16.1 million.

According to the Valor Econômico newspaper, the number of new orders in the week ending August 1 is lower since March 14, when the COVID-19 pandemic began to affect the US economy.

On the other hand, the numbers remain well above previous levels of the pandemic. Before the coronavirus financial crisis, the record was 695,000 requests in 1982.