- ID: 8282940
- Dateline: July 21, 2022/File
- Location: United States;
- Duration: 1’25
- Source: China Central Television (CCTV),China Global Television Network (CGTN)
- Restrictions: No access Chinese mainland
- Published: 2022-07-22 17:15
- Last Modified: 2022-07-22 17:17
- English
Shotlist
FILE: Washington D.C., USA – Date Unknown (CCTV – No access Chinese mainland)
1. Capitol building, U.S. national flag
FILE: Washington D.C., USA – May 12, 2020 (CCTV – No access Chinese mainland)
2. White House
3. Surroundings of White House
FILE: Washington D.C., USA – June 2022 (CGTN – No access Chinese mainland)
4. Various of citizen drawing money from ATM
5. Traffic in front of Chase Bank
6. Resident using smartphone in park
FILE: Houston, Texas, USA – Nov 25, 2021 (CCTV – No access Chinese mainland)
7. Various of shoppers choosing goods, paying in supermarkets
FILE: New York City, USA – Oct 2021 (CGTN – No access Chinese mainland)
8. Pan right of goods for sale in supermarket
FILE: Los Angeles, California, USA – Oct 21, 2021 (CCTV – No access Chinese mainland)
9. Pan left of goods on shelves in supermarket
FILE: Virginia, USA – May 19, 2022 (CCTV – No access Chinese mainland)
10. Shoppers making payments in supermarket
11. Shoppers choosing goods in supermarket
FILE: New York City, USA – Date Unknown (CGTN – No access Chinese mainland)
12. Pedestrians
13. Various of street view
Storyline
Initial jobless claims in the United States last week rose to 251,000, hitting a fresh eight-month high and indicating the labor market might be cooling, the U.S. Labor Department reported on Thursday.
In the week ending July 16, the number of Americans filing for unemployment benefits increased by 7,000 from the previous week’s unrevised level of 244,000, according to a report released by the department’s Bureau of Labor Statistics (BLS).
The latest figure, which exceeded the 240,000 Dow Jones estimate, marks the highest level since mid-November.
The four-week moving average for initial jobless claims, a method to iron out data volatility, increased by 4,500 to 240,500, the report showed.
Jobless claims totaled 166,000 in the week ending March 19, the lowest in decades. The figures have been trending up since March amid surging inflation and rising interest rates.
The latest figure of 251,000 is well above the 2019 weekly average of 218,000, which is the pre-pandemic level. In the week ending March 14, 2020, jobless claims totaled 221,000, but in the following week, the figure skyrocketed to 2.9 million.
The latest report also showed that the number of people continuing to collect regular state unemployment benefits, which was reported with a one-week lag, increased by 51,000 to 1.38 million during the week ending July 2.
The total number of people claiming benefits in all programs — state and federal combined — for the week ending July 2, however, decreased by 47,842 to 1.35 million.
