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The number of US citizens, who had applied for unemployment benefits for the first time, fell by 3 thousand to 218 thousand last week, the country's Ministry of Labor reported. Experts had predicted a decrease to 220 thousand. The value of the indicator, which is lower than 300 thousand, indicates the active growth of the US labor market. The average number of applications for the last 4 weeks decreased to 221 thousand from 225 thousand. The number of Americans, who continue to receive unemployment benefits, for the week ended June 9, increased by 22 thousand to 1 million 723 thousand people, while analysts had expected the figure at 1 million 710 thousand people.
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 ...
Gold prices rose earlier on Monday in Asia, remaining above the $1,800 as the COVID-19 pandemic continues to worsen around the world. Gold futures slipped by 0.29%, trading at $1,807.15 per ounce by 12:47 AM ET (05:47 AM GMT). Investors flocked ...
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 ...
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