16 days ago • Posted by Ajmir Omid

#US #jobs market remains solid #USD $spy #trading

US jobs market surprised once again to the upside, showing fewer jobless claims than forecasted. Initial jobless claims came in near 213'000 (vs 226'000 estimated), with prior month getting revised lower to 218'000. This shows that demand for labor remain healthy despite an uncertain economic outlook. Equity futures are slightly up following the release.