U.S. Jobless Claims Unexpectedly Jump

The video discusses recent unemployment claims, highlighting a significant increase in initial claims and a drop in pandemic unemployment insurance. It examines economic indicators like Empire Manufacturing and Philly Fed, showing mixed signals about the economy. The reliability of data is questioned due to California's processing issues. Export price index trends are also analyzed, indicating disinflation and low demand for US exports.

What was the increase in initial unemployment claims on a seasonally adjusted basis?

• 91,000

• 25,290

• 77,000

• 53,000

Which economic indicator showed a significant increase in the latest report?

• Philly Fed

• Pandemic Unemployment Insurance

• Import Prices

• Empire Manufacturing

What was the consensus estimate for the import price increase?

• 3/10 percent

• 1.8 percent

• 9/10 percent

• 6/10 percent

What caused the distortion in unemployment data from California?

• Increased export demand

• New tax regulations

• Claims processing shutdown

• A natural disaster

What does the export price index indicate about the demand for US exports?

• High demand

• Increasing demand

• Stable demand

• Low demand