The number of Americans filing for state unemployment benefits fell slightly from the previous week, highlighting the increasingly tight labor market.
First-time claims for state unemployment benefits totaled 214,000 in the week ended November 3, matching expectations of economists polled by Reuters. The number of claims filed the previous week rose by 1,000 to 215,000, the Labor Department said.
Continuing claims, a four-week moving average that is considered a better measure of labor market trends, fell to 213,750.
The labor market is viewed as being near or at full employment. There are a record 7.14 million open jobs in the economy, suggesting a shortage of skilled workers.
NOTE: if you do not have time to search for strategies and study all the tools of the trade, you do not have the extra funds for testing and errors, tired of taking risks and incurring losses – trade with the help of our best forex robots developed by our professionals. You can free download forex robot based on stop and reverse system for testing results in Metatrader.
—Reuters contributed to this report.
Signal2forex.com - Best Forex robots and signals
