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The US Department of Labor reported that over the week, the number of American citizens, who had applied for unemployment benefits for the first time, fell by 10,000 to 203,000, which is the lowest level since December 1969. Analysts had predicted the preservation of the indicator at the level of 213 thousand. The average number of applications for the last 4 weeks was 209.5 thousand, decreasing from 212 thousand 250 in the previous 4 weeks. The number of Americans who continue to receive unemployment benefits, for the week to August 25, decreased by 3 thousand and amounted to 1 million 707 thousand people while analysts had predicted 1 million 720 thousand.
June had seen Japan’s industrial output breaking its four-month slump. The recuperation could be attributed to a modest recovery seen in broader business and consumer activity after the world’s third-biggest economy suffered from ...
Spain’s unemployment rose to 15.33% for the second quarter of 2020, according to Tuesday’s data from the National Statistics Institute amid the worsening COVID-19 situation in the country. The unemployment rate surged past the ...
Financial markets saw record heights earlier on Friday, with the Euro continuing its 21-month gain streak and gold prices hitting its highest level amid a weakened Dollar. The Euro soared above the Dollar by 1.7%, trading at $1.1616 for the ...
On Monday, world shares edged towards a five-month high and the U.S. dollar decreased in late trading as investors anticipated that the earnings season would see most companies beat revenue forecasts in light of the lifted coronavirus restrictions. The ...
The United States Labor Department reported on Thursday that jobless claims edged down to a near four-month low since last week, while 32.9 Million Americans collected unemployment benefits in the third week of June. The government agency ...
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