US initial jobless claims fell -8k to 215k in the week ending May 18, below expectation of 220k. Four-week moving average rose 2k to 220k. Continuing claims rose 8k to 1794k in the week ending May 11. Four-week moving average of continuing claims rose 5k to 1782k. Full US jobless claims release here.
The post US initial jobless claims falls to 215k, vs exp 220k appeared first on Action Forex.
The U.S. economy appears to be resilient on the surface, but a new UBS report shows that the foundation underneath is remarkably less stable. UBS economist Jonathan Pingle and his team warn that the economy Read more…
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