Jobless claims reach 1.9 million, the highest level since August
Unemployment Benefits Rise for Millions of Americans In mid-October, over 1.9 million Americans applied for unemployment benefits, marking the highest figure seen since early August, according to data from the Department of Labor (DOL). For the week ending October 18, there were 1,957,000 claims, with 232,000 being new submissions. This information is gathered by the […]
Wuhan doctor and former EcoHealth Alliance president claim they are ‘jobless’ and ‘struggling’: lawsuit
A former president of a nonprofit based in Manhattan, which conducted controversial research at China’s Wuhan Institute of Virology prior to the COVID-19 outbreak, claims to be “unemployed” and “poor” in a lawsuit seeking $3 million against the organization. Dr. Peter Daszak, who led EcoHealth Alliance, has been prevented from receiving federal funding until 2029 […]
Initial Jobless Claims in the US decreased to 231K last week
The latest week saw initial unemployment claims drop to 231K. Continued unemployment claims decreased to 1.920 million. According to a report from the U.S. Department of Labor released on Thursday, new applications for unemployment insurance decreased to 231,000 for the week ending September 13th. This figure was below expectations of 240,000 and revised down from […]
US Dollar Index Price Prediction: Approaches 98.00 support before US Initial Jobless Claims
US Dollar Index may encounter significant resistance at 98.54 50-day EMA Short-term price momentum is faltering as DXY trades below the nine-day EMA. Immediate support seems to rest at the lower boundary of 97.70 within the rising channel. The US Dollar Index (DXY), which gauges the dollar’s value against six major currencies, has continued to […]
Rep. Ilhan Omar’s daughter, an activist, is jobless and selling secondhand clothes 15 months after being arrested at an anti-Israel protest in Columbia.
Isla Hirsi, the daughter of Rep. Ilhan Omar (D-Minn.), shared on Tuesday that she is currently jobless following her graduation from Barnard College. “Unemployment got me,” she posted alongside selfies on her Instagram Stories. The 22-year-old, who is known for her activism, seems to be selling some of her clothes to her 82,000+ followers on […]
Initial jobless claims in the US at 247K, higher than the anticipated 235K
High Risk in Forex Trading Forex trading involves significant risks that might not be ideal for every investor. The use of leverage adds extra risk and potential loss. It’s essential to think carefully about your investment objectives, your level of experience, and your willingness to take on risk before diving into Forex trading. There’s a […]
Australian Dollar remains steady as US Dollar increases before Initial Jobless Claims.
The Australian dollar remains stable despite a decrease in Australia’s trade surplus. China’s Caixin Services PMI rose to 51.1 in May, up from 50.7 in April. The US dollar is facing difficulties due to disappointing economic data released on Wednesday. The Australian dollar (AUD) held its ground against the US dollar (USD) on Thursday, staying […]
Jobless claims post largest gain in 5 months with DOGE firings set to boost numbers
The number of Americans filing new unemployment benefits applications rose the most in five months last week, but the underlying trend in claims was consistent with a steady slowdown in the labour market. It is likely that the growing expectations for the initial claim reported by the Labor Bureau on Thursday were the result of […]
Gold (XAU) Silver (XAG) Daily Forecast: Prelim GDP q/q and Jobless Claims Set Market Tone – FX Empire
Investors are currently keenly waiting for Friday's US Personal Consumption Expense (PCE) Price Index Report. This provides clues on inflation and affects the Federal Reserve's attitude towards interest rates. If the data shows cooling inflation, it could promote expectations for interest rate reductions and raise gold prices. Until then, gold could be traded within tough […]
The impending AI-driven jobless economy: Who will pay taxes?
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