Market news
22.12.2022, 13:39

US: Weekly Initial Jobless Claims rise to 216K in the week ending December 17

  • Initial Jobless Claims in the US increased by 2,000 in the week ending December 17.
  • US Dollar Index posts small daily gains above 104.00.

There were 216,000 initial jobless claims in the week ending December 17, the weekly data published by the US Department of Labor (DOL) showed on Thursday. This print followed the previous week's print of 214,000 (revised from 211,000).

Further details of the publication revealed that the advance seasonally adjusted insured unemployment rate was 1.2% and the 4-week moving average was 221,750, a decrease of 6,250 from the previous week's revised average.

"The advance number for seasonally adjusted insured unemployment during the week ending December 10 was 1,672,000, a decrease of 6,000 from the previous week's revised level," the DOL noted.

Market reaction

US Dollar Index inches higher after the report and was last seen posting small daily gains at 104.30.

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location