Forex News

Claims for unemployment benefits in the US rose to 218,000

The day before the more detailed monthly job report, the Ministry of Labor published a report showing a slight increase in initial applications for unemployment benefits in the US for the week ending July 28. The report said that the initial applications for unemployment benefits rose to 218,000 people, which is 1,000 less than last week. Economists had expected that applications for unemployment benefits would increase to 220,000.