U.S. Jobless Benefits Fell Last Week

Filings for U.S. unemployment benefits fell close to the lowest level since the 1970s, consistent with a still-improving labor market.

Jobless claims declined to 234,000 in the week ended Jan. 14 from a revised 249,000 in the prior period, a Labor Department report showed Thursday in Washington. The median projection of 44 economists surveyed by Bloomberg called for 252,000. Continuing claims dropped to 2.046 million in the week ended Jan. 7 from 2.093 million the previous week, the report showed.

Bloomberg

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Dean Popplewell

Dean Popplewell

Vice-President of Market Analysis at MarketPulse
Dean Popplewell has nearly two decades of experience trading currencies and fixed income instruments. He has a deep understanding of market fundamentals and the impact of global events on capital markets. He is respected among professional traders for his skilled analysis and career history as global head of trading for firms such as Scotia Capital and BMO Nesbitt Burns. Since joining OANDA in 2006, Dean has played an instrumental role in driving awareness of the forex market as an emerging asset class for retail investors, as well as providing expert counsel to a number of internal teams on how to best serve clients and industry stakeholders.
Dean Popplewell
Dean Popplewell

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