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Unemployment Claims rose from a pandemic-era low

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Miguel A. Rodriguez
Miguel A. Rodriguez
16 septiembre 2021
The latest surge of the Delta variant left its mark on the latest number of unemployment claims

According to the Labor Department, the number of people who filed for unemployment insurance for the first-time last week came in at 332,000. The market was looking for 325,000 filings. Last week’s numbers were significantly higher than those reported the previous week – 312,000.

Initial jobless claims had reached their lowest level since March 2020 at the start of September. The figures underscored that labor shortages and difficulties in hiring had been the biggest drag on the labor market.

The latest figures point to a mixed economic picture. USA500 lost 0.1%, and TECH100 shed 0.3%.

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.