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US jobless claims fall to 45-year low


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US jobless claims fall to 45-year low

Post by rocky on Fri 09 Feb 2018, 4:36 am

US jobless claims fall to 45-year low

2018/02/08 17:32

(Encyclopedia of this Day News | Iraq News ) - Direct: Unemployment benefit applications in the United States fell during the past week, contrary to analysts ' expectations for the lowest level in nearly 45 years.

Data from the US Department of Labor revealed Thursday that new jobless claims in the United States fell by 9,000 to close at 221,000 in the week ending Feb. 3,

Analysts had expected US jobless claims in the week to rise to 232,000.

As for the average number of jobless claims during the past month, it decreased by 10 thousand applications to register 224.5 thousand applications.

This is the lowest since March 10, 1973, when the average jobless claims were 222,000.

Continuing jobless claims for the week ending January 27 fell by 33,000 to 1.923 million, the statement said.

By 1:39 pm GMT, the greenback was slightly lower against the euro at 0.07% with the single currency climbing to $ 1.2272. 

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    Current date/time is Tue 16 Oct 2018, 3:47 pm