#USWeeklyInitialJoblessClaimsRiseTo206000
Initial unemployment benefit claims in the United States

The number of people filing for unemployment benefits rose slightly by 2,000, to reach 206,000 in the fourth week of August, in line with market expectations of 205,000, which would maintain the trend of low claim figures since they fell to nearly a 60-year low of 189,000 in mid-July.

These figures extended the period of resilience in the US labor market despite the unexpected contraction in payrolls, according to the latest data from the Bureau of Labor Statistics (BLS), consistent with the view of some Federal Open Market Committee (FOMC) members that the US is at full employment.

Meanwhile, initial claims filed by federal employees—which have highlighted the government’s signal to reduce the public sector—declined by 53, to 337.
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