Unemployment Claims fell once again last week

Unemployment Claims fell once again last week

The US labor market seems to step up its recovery process, according to latest official report

First-time jobless claims totaled 547,000, which was below the 607,000 estimated and a new low for the pandemic era. The progress made on vaccinating people - nearly 3 million doses administrated daily - contributed to the recovery.

Despite the continuous decline, and with states relaxing restrictions and looking to hire people, approximately 8 million Americans remain without a job due to the pandemic.

Following the news, markets pointed to a flat opening.

Sources: cnbc.com, forexfactory.com

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