Another good news for the job market!The number of U.S. initial jobless claims fell below 400,000 for the first time since the new crown pandemic

Original title: Another “good news” in the job market!The number of initial jobless claims in the United States fell below 400,000 for the first time since the new crown pandemic

Summary

[Another good news in the job market! The number of initial jobless claims in the United States fell below 400,000 for the first time since the new crown pandemic]The number of initial jobless claims in the United States fell below 400,000 for the first time during the pandemic, due to the acceleration of employment and the strengthening of the economy into the summer. As the remaining epidemic-related prevention and control restrictions are relaxed, more vaccinated Americans are expected to resume travel and social activities, and the labor market will continue to grow. (FX168)

In the European market on Thursday (June 3), the latest report from the U.S. Department of Labor showed that the number of initial claims for unemployment benefits in the United States fell to 385,000 from 5 to 29, a record low since the week of March 14 last year. , Expected to be 390,000, and the previous value was revised to 406,000.

Some commentators pointed out that the number of first-time jobless claims in the United States fell below 400,000 for the first time during the pandemic, due to the acceleration of employment and the strengthening of the economy into the summer. As the remaining epidemic-related prevention and control restrictions are relaxed, more vaccinated Americans are expected to resume travel and social activities, and the labor market will continue to grow.

The number of initial claims for unemployment benefits fell below 400,000 last week, indicating that although labor shortages have restricted hiring, the labor market is still strong. Currently, companies in all industries and regions report that it is difficult to find workers. But this number is still much higher than the 200,000 to 250,000 range, which is considered a healthy labor market condition.

　　Further reading:

U.S. ADP employment increased by 978,000 in May, the growth rate hit a new high since June last year

ADP employment in the United States recorded an increase of 978,000 in May, which is expected to increase by 650,000, which is the highest increase since June last year.

(Article source: FX168)

(Editor in charge: DF537)