The unemployment claims are decreasing week by week
The newest report from the US Department of Labor showed how
the American market seems to be on a steady recovery from the pandemic’s
In the past week, 709,000 people filed for unemployment
benefits for the first time. Although they are still high, the figures are
lower than the 757,000 reported in the previous week. Compared to the
pre-pandemic record of 695,000 reported in 1982, the numbers are still high.
However, according to specialists, the numbers are steady in
their downward trajectory, which indicates a rebound of the American economy.
USA500, and TECH100 – the American
benchmarks opened mixedly.
Sources: forexfactory.com, investing.com
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