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Economy

Weekly Unemployment Claims Surpass Economist Expectations

Source: https://www.realpage.com/analytics/weekly-unemployment-claims-surpass-economist-expectations/

Even as the economy is showing signs of slow improvement, unemployment insurance claims climbed to a four-week high. During the week-ending February 13 (the most recent reporting period), a total of 861,000 Americans filed initial jobless claims, according to the U.S. Department of Labor. That was an increase of 13,000 filings from the previous week’s level which was revised up by 55,000, from 793,000 to 848,000 claims. Economists had expected initial jobless claims of less than 775,000 in the week-ending February 13, so the recent numbers were nearly 88,000 higher than projected. Recent filings also marked the 48th consecutive week in which the number of Americans filing for unemployment benefits was worse than at any time during the Great Recession. In the worst of that economic crisis, 665,000 claims were filed during the week-ending March 28, 2009. Total unemployment claims since the start of the pandemic now top 78.9 million.

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Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

DATA PROVIDER SPOTLIGHT

ForwardKeys

ForwardKeys is one of the leading travel analytics firms that provides investment firms with alternative and predictive data on the travel industry. Data is offered both on the demand and the offer-side of the aviation market.

Actual Air Reservations is an aggregation of flight bookings made via the Global Distribution Systems. Exclusive agreements make that global travel data is available, including regions that are generally difficult to track. This data contains valuable insights into the profile, behaviour, and impact of events on past, present and future air travellers.

Seat Capacity provides insights into the scheduled flights from 99% of global commercial airlines.

Financial institutions use this data for artificial intelligence and predictive models to forecast the performances of businesses. Combined, the datasets can provide insights into the financial health of businesses operating in the travel and tourism industry. This list contains companies like airlines, airplane leasing companies, oil companies, hotels and travel agencies.