US initial jobless claims rose modestly by 10k to 200k in the week ending May 2, slightly above expectations of 199k. Despite the increase, claims levels remain historically low. Underlying trends in the data were broadly stable. The four-week moving average of initial claims fell by -4,500 to 203,250, helping smooth out weekly volatility and […]
The post US Jobless Claims Edge Higher to 200k, Labor Market Still Stable appeared first on ActionForex.
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