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
Sources: forexfactory.com, investing.com
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