At the top of the expectations … US unemployment requests are rising

At the top of the expectations … US unemployment requests are rising

The US Department of Labor said, on Thursday, that requests for government unemployment subsidies submitted for the first time increased last week to the level of light of seasonal factors of 228 thousand requests.
According to predictions, the number of requests for unemployment benefits would increase to 225 thousand, up from the previous week’s level of 219 thousand requests.

Last September, the American economy added more new jobs than forecast, which could support the Federal Reserve’s decision to continue sharply raising interest rates in the months to come.
The US Department of Labor released figures this week showing that while projections were between 250 and 255 thousand jobs, there were 263 thousand new non-agricultural jobs created in September.
There were 315 thousand new jobs created in August.

According to labour market data, the unemployment rate in America dropped from 3.7% to 3.5%, which is below forecasts.

The highest of forecasts is that US unemployment requests will increase.

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