Created
: 2025.09.18
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
US: Initial Jobless Claims dropped to 231K last week
Breaking news
US: Initial Jobless Claims dropped to 231K last week
New
2025.09.18 21:38
2025.09.18 21:38
2025.09.18 21:38
- Initial Jobless Claims fell to 231K vs. the previous week.
- Continuing Jobless Claims dropped to 1.920M.
According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance went down to 231K for the week ending September 13. The latest print came in short of initial estimates (240K) and was lower than the previous week's 264K (revised from 263K).
Additionally, the 4-week moving average decreased by 750, bringing it to 240K from the revised average of the previous week.
The report indicated a seasonally adjusted insured unemployment rate of 1.3%, with Continuing Jobless Claims shrinking by 7K to 1.920M for the week ending September 6.
Market reaction
The Greenback keeps the bid stance unchanged in the wake of the release, with the US Dollar Index (DXY) navigating the 97.20 region amid a knee-jerk in the risk-associated space and the mixed performance in US yields.
Employment FAQs
Labor market conditions are a key element to assess the health of an economy and thus a key driver for currency valuation. High employment, or low unemployment, has positive implications for consumer spending and thus economic growth, boosting the value of the local currency. Moreover, a very tight labor market - a situation in which there is a shortage of workers to fill open positions - can also have implications on inflation levels and thus monetary policy as low labor supply and high demand leads to higher wages.
The pace at which salaries are growing in an economy is key for policymakers. High wage growth means that households have more money to spend, usually leading to price increases in consumer goods. In contrast to more volatile sources of inflation such as energy prices, wage growth is seen as a key component of underlying and persisting inflation as salary increases are unlikely to be undone. Central banks around the world pay close attention to wage growth data when deciding on monetary policy.
The weight that each central bank assigns to labor market conditions depends on its objectives. Some central banks explicitly have mandates related to the labor market beyond controlling inflation levels. The US Federal Reserve (Fed), for example, has the dual mandate of promoting maximum employment and stable prices. Meanwhile, the European Central Bank's (ECB) sole mandate is to keep inflation under control. Still, and despite whatever mandates they have, labor market conditions are an important factor for policymakers given its significance as a gauge of the health of the economy and their direct relationship to inflation.
Last updated
: 2025.09.18
Related articles
Japanese Yen under pressure as markets await BoJ decision and Japan CPI
2025.09.18 13:58Japan FX Today: The Yen falls after the Fed meeting, traders waiting for the BoJ
2025.09.18 13:41India Gold price today: Gold steadies, according to FXStreet data
2025.09.18 13:37US: Initial Jobless Claims dropped to 231K last week
2025.09.18 12:37EUR up modestly vs. USD on mixed second-tier data - Scotiabank
2025.09.18 11:57NZD slumps as Q2 GDP contracts more than expected - BBH
2025.09.18 11:55
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
Gold trims post-Fed losses, consolidates below record highs
Gold (XAU/USD) stabilizes on Thursday after a sharp reversal following the Federal Reserve's (Fed) interest rate decision.
New
2025.09.18 21:44Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Thursday, according to FXStreet data.
New
2025.09.18 18:30Japanese Yen under pressure as markets await BoJ decision and Japan CPI
The Japanese Yen (JPY) trades on the defensive against the US Dollar (USD) on Thursday, with USD/JPY extending gains for a second straight day after briefly sliding to its lowest level since July 7 in the immediate aftermath of the Federal Reserve's (Fed) interest rate decision.
New
2025.09.18 13:58Japan FX Today: The Yen falls after the Fed meeting, traders waiting for the BoJ
The Japanese Yen (JPY) retreated further against the US Dollar (USD) on Thursday, with the USD/JPY pair gaining almost 0.5% on the day at 147.70, after briefly bottoming out at 145.48 on Wednesday following the Federal Reserve (Fed) meeting.
New
2025.09.18 13:41India Gold price today: Gold steadies, according to FXStreet data
Gold prices remained broadly unchanged in India on Thursday, according to data compiled by FXStreet.
New
2025.09.18 13:37US: Initial Jobless Claims dropped to 231K last week
According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance went down to 231K for the week ending September 13.
New
2025.09.18 12:37EUR up modestly vs. USD on mixed second-tier data - Scotiabank
The Euro (EUR) is entering Thursday's NA session with a modest 0.2% gain against the US Dollar (USD) following a bullish reversal of its early European session losses, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.09.18 11:57NZD slumps as Q2 GDP contracts more than expected - BBH
The New Zealand Dollar (NZD) underperformed after Q2 GDP contracted by -0.9% q/q, a far steeper decline than expected, fueling RBNZ rate cut bets ahead of the October 8 meeting, BBH FX analysts report.
New
2025.09.18 11:55CAD trading flat vs. USD - Scotiabank
The Canadian Dollar (CAD) is trading flat against the US Dollar (USD), having recovered its Asian session losses through the start of early European trade, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.09.18 11:51G10 FX mixed post-Fed as markets eye RBNZ, BoJ risks - Scotiabank
The US Dollar (USD) is mixed and G10 currencies are showing some divergence in the aftermath of Wednesday's FOMC, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.09.18 11:48Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
