Initial Jobless Claims fell under 1 million during the week ended August 8. In the first full week without the additional $600 weekly top-up from the federal government, fewer people filed first time claims for unemployment insurance continuing a trend decline over the past several weeks, explained analysts at Wells Fargo. Key Quotes: “There are only 5.9 million jobs available at last count compared to 16.3 million unemployed. For every job, there are three people who need it.” “Initial jobless claims fell to 963K in the first full week of August. The level of claims is still higher than it ever was pre-pandemic and remains a glaring reminder that this recovery is only beginning, but it does feel good to be below 1M.” “The 15.5M people still receiving benefits is down 9.4M from the peak in May, but still twice as high as during the financial crisis.” 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 UK PM Johnson: Very good case for EU to strike a zero tariff zero quota deal FX Street 2 years Initial Jobless Claims fell under 1 million during the week ended August 8. In the first full week without the additional $600 weekly top-up from the federal government, fewer people filed first time claims for unemployment insurance continuing a trend decline over the past several weeks, explained analysts at Wells Fargo. Key Quotes: “There are only 5.9 million jobs available at last count compared to 16.3 million unemployed. For every job, there are three people who need it.” “Initial jobless claims fell to 963K in the first full week of August. The level of claims is still higher than it… Regulated 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.
