Initial unemployment benefit claims $XRP $VET $VTHO

On Thursday, December 5, the weekly data on unemployment benefit claims will also reflect the state of the U.S. labor market. The previous result was 213 thousand for the week ending November 23. The average forecast for the last week is 215 thousand.

In October, unemployment benefit claims reached their highest level in over a year, but have been steadily declining in recent weeks. However, while initial claims are decreasing, repeat claims are rising. This means that employers are trying to retain employees as much as possible, but those who have lost their jobs are facing difficulties in finding new ones.