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Better-than-expected US Unemployment Claims

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Miguel A. Rodriguez
Miguel A. Rodriguez
14 septiembre 2020
More than 1 million people filed for unemployment benefits in one week

Another week, another report from the US Department of Labor. 

The latest data published today showed more than one million people who filed for unemployment benefits last week. The 1.186 million came below 1.410 million expected. It is the lowest level of claims recorded since the pandemic started ravaging the US.

Today’s report marked the 20th consecutive week when claims exceeded 1 million. At the moment, roughly 56 million people are unemployed due to the pandemic. 

The report came just one day before the monthly non-farm payrolls report. Analysts are expecting 1.264 million new jobs to have been created in July. 

The benchmarks applauded the latest performance as USA30 and TECH100 gained 0.2% each. 

Read all the other reports on CAPEX.com!

Sources: cnbc.com, forexfactory.com


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Miguel A. Rodriguez
Miguel A. Rodriguez
financial_writer

Miguel comenzó su destacada carrera profesional en reputadas instituciones financieras como el Banco Santander y el Banco Central-Hispano. Es autor de importantes libros sobre trading en el mercado de divisas.