US Unemployment Claims at 207,000... Increase of 2,000 from Previous Week
According to the U.S. Department of Labor announcement on the 5th (local time), the number of new unemployment benefit claims in the United States for the week of September 24-30 was recorded at 207,000. This is an increase of 2,000 from the previous week. It generally met the market forecast of 210,000.
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The number of new unemployment benefit claims had been rising this year as companies in the finance and technology sectors reduced hiring, but it turned to a downward trend again starting in July.
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