Initial jobless claims decline for a 5th straight week
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The number of Americans filing for unemployment benefits fell last week to the lowest level in three months, a sign that the U.S. labor market remains sturdy despite fears over the impact of widespread U.
Weekly jobless claims fall 5,000 to 245,000; Layoffs reported in a range of industries in prior week; Continuing claims decrease 6,000 to 1.945 million; Single-family building permits drop 2.7% in May
The US Dollar is currently breaking out from its 2025 Main descending channel after forming a bullish divergence with the last lows. Click to read.
Raw or actual unemployment applications in the state jumped to 30,043 from 14,518. Key details: The number of new claims based on actual filings — that is, before seasonal adjustments — rose ...
US jobless claims fell by 10,000 to 236,000 last week, below expectations, but continuing claims hit a 2.5-year high. Economists expect the June unemployment rate to rise to 4.3% amid sluggish hiring and economic uncertainty fueled by Trump’s tariffs.
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Stocks Supported by Signs of US Economic StrengthStocks are climbing today on signs the US economy is holding up, despite tariff uncertainty. Positive economic news today included a decline in weekly jobless claims to a 3-month low, a stronger-than-expected retail sales report,
U.S. indicators keep giving the Fed reasons to remain on hold and Treasury yields and the dollar rise. Weekly jobless claims fall to 221,000 from an upwardly revised 228,000, in a sign employers are holding on to their workers.
The US labour market continues to defy expectations, with jobless claims falling and payrolls expanding, even as tech giants announce thousands of job cuts. New government data released Thursday showed a drop in unemployment claims alongside stronger-than-expected hiring in June.
Thursday closed up +0.54%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.52%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.74%. September E-mini S&P futures (ESU25) rose +0.59%, and September E-mini Nasdaq futures (NQU25) rose +0.
USD/JPY rallies as Trump’s tariffs hit BoJ rate hike bets. Japan inflation, trade, and US data to guide pair’s next move.
US Retail Sales crushed expectations, while jobless claims also beat, calming fears about the US economy and making the US dollar the strongest major currency on the day. FOREX.com's Global Head of Research Matt Weller breaks down the key news you need to know ahead of the US Open,
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