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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.

US Jobless Claims Hit Lowest Levels in Over 40 Years

March, 03 2017
watermark Economic news

The US job market looks like it’s in for more positive movements in the coming days after the country’s jobless claims dipped to its lowest levels in 44 years. Jobless claims dropped by 19,000 to 223,000 last week, which is now being tagged as the lowest unemployment claims data since March 1973 and went way below the initial forecasts from the US Labor Department, which predicted jobless claims to amount to over 245,000 applications. This forecast shows that the majority of employers are holding off job dismissals as the market demand remains consistent and the labor industry remains competitive.


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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.
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.