Jobless claims hit a new low
The improvement in the American labor market continues last
week, thanks to a relaxation of lockdown measures across the country.
According to the Department of Labor’s report, in the past
week, 547,000 people filed for unemployment for the first. The figures came
ahead of the 607,000 expected, reaching a new low since the pandemic started.
Despite the progress made with vaccination against COVID-19
– roughly 3 million doses are being administrated daily – there are still about
8 million people without work due to the pandemic.
The markets slightly reacted to the news, pointing to a flat
opening.
Sources: forexfactory.com, investing.com
This information prepared by ClickTrades.com is not an offer or a solicitation for the purpose of purchase or sale of any financial products referred to herein or to enter into any legal relations, nor an advice or a recommendation with respect to such financial products.
This information is prepared for general circulation. It does not have regard to the specific investment objectives, financial situation or the particular needs of any recipient.
You should independently evaluate each financial product and consider the suitability of such a financial product, by taking into account your specific investment objectives, financial situation or particular needs, and by consulting an independent financial adviser as needed, before dealing in any financial products mentioned in this document.
This information may not be published, circulated, reproduced or distributed in whole or in part to any other person without the Company’s prior written consent.
Past performance is not always indicative of likely or future performance. Any views or opinions presented are solely those of the author and do not necessarily represent those of ClickTrades.com.
Previous Article
Better-than-expected total operating revenue for Verizon
Next Article
Snap Inc beat Wall Street’s estimates