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The number of applications for unemployment benefits in the US fell to a minimum since April


February, 07 2020
watermark Economic news

According to the U.S. Department of Labor, the number of Americans applying for unemployment benefits for the first time fell by 15 thousand to 202 thousand. This has become the lowest level since mid-April 2019.


A week earlier, according to revised data, the number of applications was 217 thousand, and not 216 thousand, as previously reported.


Analysts surveyed by Bloomberg predicted predicted a decrease in the indicator by 1 thousand, to 215 thousand.


The number of Americans continuing to receive unemployment benefits for the week increased by 48 thousand, to 1.751 million. Last week, a similar indicator was recorded at the mark around 1.703 million.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.