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The number of applications for unemployment benefits in the United States fell more than expected


September, 03 2020
watermark Economic news

According to the US Department of Labor, the number of initial applications for unemployment benefits fell from the revised figure of the previous week by 130 thousand - to 881 thousand.


Analysts predicted a decline in the indicator by 56 thousand applications. The figure has dropped below 1 million for the second time since March saw a sharp increase in the number of applications.


The total number of people receiving unemployment benefits in the United States decreased by 1.238 million from the revised figure of the previous week to 13.254 million.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.