US: More Than 1 Million Americans Applied For Unemployment Benefits

There were 1,006,000 Initial Claims for unemployment benefits in the US during the week ending August 22nd, the data published by the US Department of Labor (DOL) revealed on Thursday.

This reading followed last week’s print of 1,104,000 (revised from 1,106,000) and came in slightly worse than the market expectation of 1,000,000.