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New chill in the US, which adds more unemployment claims than expected

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Weekly jobless claims remain a headache for USA, and have climbed to 778,000 in the week of November 21, compared to the 733,000 anticipated by the consensus of economists and the 742,000 registered in the previous week.

It is the first time that new weekly unemployment claims have risen for the second week in a row since last July, the last time the US experienced a rebound.

The latest spikes in infections have forced some restaurants and businesses of all kinds to lay off more workers than originally planned. Experts do not rule out that the US job market continues to deteriorate if the curve is not tamed and the restrictions are still present.

Continuing in macro terms, the US GDP fell 2.7% in the third quarter, one tenth better than estimated. The Office has explained that upward revisions in non-residential fixed investment, residential investment and exports were offset by downward revisions in investment in private inventories, government spending and consumer spending.

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