X-Trade Brokers - Analytics

X-Trade Brokers

419.50 3.50/10
100% of positive reviews
Real

The good part of the US labour market data

Jobless claims can definitely be counted as the good indicators of the US labour market and the numbers for last week confirm this. Nes claims went up by 10k vs. the previous reading but the trend pointing downwards is still there. In some weeks there could even be a new try to set a record of how low the numbers can get. Such low initial jobless cliams suit the very high readings of JOLTs - the vacancies that the enterprises are trying to fill right now.

link do file download link

 Source: Macrobond, XTB

The numbers will be very likely used during the next Fed meeting as a confirmation that the labour markrt is not in a poor state, but the next week’s NFP will be of much higher importance in this respect.

 

Any person acting on this information does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it.



To leave a comment you must be or register

By visiting our website and services, you agree to the conditions of use of cookies. Learn more I agree