US Jobless Claims Edge Higher, Continuing Claims Jump

The video discusses the recent unemployment claims report, highlighting an increase in initial claims from the previous week. It examines the impact of seasonal factors on these claims, suggesting that the changes are not indicative of a broader trend. Additionally, the video provides an update on California's jobless claims, noting a slight increase but no significant impact from recent fires.

What was the revised number of continuing unemployment claims reported?

• 1,853,000

• 284,000

• 1,899,000

• 217,000

How much did the unadjusted claims decrease by?

• 6,700

• 13,000

• 68,000

• 75,000

What was the expected decline in claims due to seasonal factors?

• 68,000

• 75,000

• 6,700

• 13,000

By how much did California's jobless claims increase last week?

• 13,000

• 6,700

• 75,000

• 68,000

What was the increase in California's jobless claims the week before last?

• 68,000

• 75,000

• 13,000

• 6,700