• USA Unemployment claims for week ending Feb-27-2021 was 745,000.
  • Unemployment Claims for week ending Feb-20-2021 was 736,000.
  • The 4-week moving average of Unemployment Claims in USA was 790,750.
  • There is high possibility that unemployment claims in USA will come down below 500,000 by June-2021 mainly due to many Covid-19 vaccines coming into market.

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 the Unemployment data for week ending Feb-27-2021 is good news for USA Stock Markets.

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