Data released on Thursday in the US showed initial and continuing claims falling to the lowest levels since April. Analysts at Wells Fargo point out continuing claims show essentially no improvement despite the new decline while initial jobless hints at some improvement in labor conditions. Key Quotes: “The 860K figure for initial jobless claims during the week of Labor Day was down from an upwardly revised figure of 893K the prior week. Claims for the PUA program also fell.” “Continuing claims for regular state programs fell by about 1M the week of Sep. 5, but that comes as we are now a full six months from the start of shutdowns, and recipients are starting to exhaust benefits.” “The total number of recipients, including extended or pandemic-specific benefits, remains stuck at nearly 30M.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Coronavirus update UK: 3,395 new coronavirus infections confirmed on Thursday FX Street 1 year Data released on Thursday in the US showed initial and continuing claims falling to the lowest levels since April. Analysts at Wells Fargo point out continuing claims show essentially no improvement despite the new decline while initial jobless hints at some improvement in labor conditions. Key Quotes: “The 860K figure for initial jobless claims during the week of Labor Day was down from an upwardly revised figure of 893K the prior week. Claims for the PUA program also fell.” “Continuing claims for regular state programs fell by about 1M the week of Sep. 5, but that comes as we are… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
