USA official unemployment claims for week ending May-29-2021 was 385,000 and 4 weeks moving average was 428,000 and it is good news for USA stock markets.

 

USA Unemployment claims for 4 weeks moving average was 428,000. Post pandemic this was the lowest 4 weeks moving average of unemployment claims in USA. 

  • USA Unemployment claims for week ending May-22-2021 was revised from 406,000 to 405,000.
  • USA Unemployment claims for week ending May-15-2021 was 444,000.
  • USA Unemployment claims for week ending May-08-2021 was 478,000.
  • USA Unemployment claims for week ending May-01-2021 was 507,000.
  • USA Unemployment claims for week ending April-24-2021 was 553,000.
  • USA Unemployment claims for week ending April-17-2021 was 547,000.
  • USA Unemployment claims for week ending April-10-2021 was 586,000.

Just to Compare how Unemployment claims in USA prior to Pandemic:

  • USA unemployment claims for week ending November 9, 2019 is 222,000 in USA.
  • USA unemployment claims for week ending November 16, 2019 is 223,000 in USA.

 

Just to Compare how Unemployment claims during Peak Pandemic and Lockdown Periods in USA:

  • USA unemployment claims for week ending March 28, 2020 is 6,867,000 in USA.
  • USA unemployment claims for week ending April 4, 2020 is 6,615,000 in USA.

Overall USA Unemployment claims for week ending May-29-2021 was 385,000 and it is very good news for USA stock markets.

Slowly USA is coming back to normal stage with respect to economy performing and jobs. This assumption is based upon going by reduction in unemployment claims significantly.

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