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US Jobless Claims Surge After a Month, Signaling Job Growth


April, 21 2017
watermark Economic news

The latest US jobless claims data surged after almost four weeks, signal a consistent growth in jobs after Americans applying for unemployment benefits increased during the previous week but remained within a relatively low range. Initial jobless claims surged by 10,000 and clocking in at 244,000 last April 15. Economists had been initially expecting a reading of 240,000 new jobless claims, with the claims two weeks ago recording at an unrevised 234,000. The jobless claims had surged for the first time since March 18.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.