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The US labor market seems to step up its recovery process, according to latest official report
First-time jobless claims totaled 547,000, which was below the 607,000 estimated and a new low for the pandemic era. The progress made on vaccinating people - nearly 3 million doses administrated daily - contributed to the recovery.
Despite the continuous decline, and with states relaxing restrictions and looking to hire people, approximately 8 million Americans remain without a job due to the pandemic.
Following the news, markets pointed to a flat opening.
Sources: cnbc.com, forexfactory.com
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Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience or current financial situation.
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