US Jobless Claims Fall to Eight-Month Low of 201,000

The video discusses the recent jobless claims, highlighting a low number of 201,000 claims filed last week, indicating companies are retaining workers. Continuing claims also dropped significantly. The Philadelphia Fed business outlook shows a decline in business conditions. The United Auto Workers strike, which began last Friday, is expected to distort future jobless claims data, as laid-off workers due to plant shutdowns may file claims. The current numbers may be the last accurate read for a while.

What was the number of jobless claims filed last week?

• 201,000

• 1,683,000

• 221,000

• 1,662,000

How did the continuing claims change compared to the previous week?

• They increased by 20,000

• They remained the same

• They decreased by 1,000

• They decreased by 21,000

What was the Philadelphia Fed business outlook number this month?

• -12

• 13.5

• 12

• -13.5

What event is expected to distort the jobless claims numbers in the coming weeks?

• A new economic policy

• A natural disaster

• The United Auto Workers strike

• A change in unemployment benefits

Who is eligible to file for jobless claims during the United Auto Workers strike?

• Only new hires

• All auto workers

• Workers laid off due to plant shutdowns

• Workers on strike