According to a report from the US Department of Labor (DOL) released on Thursday, the number of Americans filing new applications for unemployment insurance increased to 218,000 for the week ending July 26. The latest figure was lower than the initial estimate (224,000), while the previous week's figure was 217,000.
The report showed a seasonally adjusted insured unemployment rate of 1.3%. Furthermore, the four-week moving average decreased by 3.5,000, to 221,000 from the previous week's unrevised average.
Furthermore, Continuing Jobless Claims remained at 1.946 million for the week ending July 19, after being revised down by 9,000. (alg)
Source: FXstreet
If it just seems like the first Friday of the month wasn't the same without being able to pore through the Bureau of Labor Statistics' hotly watched monthly jobs report, don't worry. You probably didn...
The business activity in the US service sector stagnated in September, with the Institute for Supply Management's (ISM) Services Purchasing Managers Index (PMI) declining to 50 from 52 in August. This...
The U.S. Senate will vote again on Friday on conflicting plans between Democrats and Republicans to end the government shutdown, which is now entering its third day, though there are no signs that eit...
U.S. President Donald Trump said he will meet with his budget director Russell Vought on Thursday to determine which "Democrat Agencies" to cut, as he looks to inflict pain on his political opposition...
The bottom line: The release of official US data is delayed because the federal government is currently in shutdown. While the budget hasn't been passed, the Antideficiency Act prohibits federal agenc...
The S&P 500 closed mostly flat on Friday, the Dow Jones extended its record run, rising 240 points finisheing at 46,758 after briefly surpassing 47,000 during the session, while the Nasdaq slipped 0.3% as the US government shutdown entered its...
Federal Reserve (Fed) Bank of Dallas President Lorie Logan struck a nervous tone on Friday, warning that despite a rapidly-weakening labor market, a lot of potential policy moves could accidentally spark another round of renewed inflationary...
If it just seems like the first Friday of the month wasn't the same without being able to pore through the Bureau of Labor Statistics' hotly watched monthly jobs report, don't worry. You probably didn't miss much. While the BLS has gone dark with...
The Institute for Supply Management's (ISM) data showed the Manufacturing PMI edging higher to 49.1 in September, up from 48.7 in August and...
Asia-Pacific markets opened mixed Wednesday, following gains on Wall Street ahead of a potential U.S. government shutdown as lawmakers continue to...
European shares were flat on Wednesday, with gains in heavyweight healthcare stocks offsetting the decline in the broader market, as investors...
Asian markets opened higher, following a global rally that pushed world indexes to new records, despite the US entering its first government...