U.S. Jobless Claims on the Rise

The US Labor Department said today that the number of new claims for unemployment benefits rose last week by 31,000 to a seasonally-adjusted 473,000. The increase caught analysts by surprise in the wake of last week’s drop of 41,000.

Source: Associated Press

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.