Market updates and forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Applications for unemployment benefits in the US rose to the highest since the end of January


May, 19 2022
watermark Economic news

According to a report by the US Department of Labor, the number of Americans who applied for unemployment benefits for the first time increased by 21 thousand last week – up to 218 thousand people. This was the highest level since the end of January.


The indicator of the previous week was revised downwards: the number of requests amounted to 197 thousand, not 203 thousand, as previously reported.


Analysts on average expected a reduction in the number of applications to 200 thousand from the previously announced level.


The average number of applications for benefits over the past 4 weeks has increased to 199.5 thousand from a revised 191.25 thousand.


The number of Americans continuing to receive unemployment benefits for the week ending May 7 fell to 1.317 million from a revised 1.342 million in the previous week. This was the lowest figure since the end of December 1969. Analysts predicted a decrease of 23 thousand to 1,320 million.


Feedback

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
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.
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.