US Jobless Claims Top 2.1M

13:38 28 May 2020
The number of Americans filling for unemployment benefits was  2123 million in the week ended May 23rd, bringing total claims to near 41 million since March 21st when the coronavirus pandemic started in the US, which represents almost a quarter of the US work force. Today’s reading came in slightly above market expectations of 2.1 million. After hitting a record of 6.867 million in the week ending March 28th, the claims have been on a steady decline. Continuing claims 21052K below market expectations of 25680K.
EURUSD is trading slightly higher  after publication of today’s jobless claims report. The most popular currency pair is heading towards 1.1037 resistance level. Source: xStation5
 

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

Back

Join over 1.6 Million investors from around the world