Continuing Jobless Claims

Actual
1.817M
Previous
1.789M
Forecast

The Continuing Jobless Claims released by the US Department of Labor measure the number of individuals who are unemployed and are currently receiving unemployment benefits. It is representative of the strength of the labor market. A rise in this indicator has negative implications for consumer spending which discourages economic growth. Generally speaking, a high reading is seen as bearish for the US Dollar (USD), while a low reading is seen as bullish.

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