US Unemployment claims are on an upward trend, hitting a 3-year high

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: US Unemployment claims are on an upward trend, hitting a 3-year high
FxPro | 132 days ago
Stocktwits

US Unemployment claims are on an upward trend, hitting a 3-year high

Weekly benefit claims indicate a deteriorating labour market. The number of repeat claims rose by 37K in the week ending 14 June (latest data) to 1.974 million, reaching its highest level since November 2021. The plateau in this indicator in mid-April was replaced by an upward trend, adding a total of 141K. Excluding the volatility during the coronavirus pandemic, the last time such high values were seen was in 2017. Back then, that increase in unemployment did not turn into a recession, and the labour market soon returned to normal.

Although small, this is yet another coin in the piggy bank of indicators pointing to the economy cooling down. Other signals include the real estate sector and low consumer confidence figures.

In this light, it is worth paying close attention to the official monthly employment statistics, which will be released next Thursday (Friday is a public holiday in America, 4 July).

By the FxPro Analyst Team

FxPro
4.5
377 reviews
Type: NDD
Regulation: FCA (UK), SCB (The Bahamas)
Tags: Analisis
Stocktwits
read more
Dollar Slips, Gold Softens as Shutdown Drags On | 6th November 2025

Dollar Slips, Gold Softens as Shutdown Drags On | 6th November 2025

Markets traded cautiously as the U.S. shutdown hit record length, pressuring the Dollar near 100.00. Gold eased below $4,000 and silver held near $49 amid profit-taking. The Yen gained slightly on BoJ speculation, while the yuan steadied after a firmer PBoC fix. Traders await U.S. inflation data and Fed speeches for next policy cues.
Moneta Markets | 16h 49min ago
The pound fears the Bank of England

The pound fears the Bank of England

• The dollar risks weakening due to the stock market. • The Supreme Court calls tariffs taxes. • The pound fears a reduction in the repo rate. • Wage data does not help the yen.
FxPro | 20h 14min ago
Review Score
Platform
Pricing
Customer service
Features
4.5/5
377 reviews
Open Live Account Open Demo Account
Tools
Kalender Ekonomi
Jam pasar
Suku bunga
Kalender hari libur
Pasar Valas
Forex Volatility
Forex Correlation
Berita Forex
Analisis Forex
COT Data
Likuiditas
Kalkulator Forex
Forex Heat Map
Indikator ekonomi
Komunitas
Komunitas
Sistems
Most Popular Systems
Strategies
Kontes
Forex Charts
Forex Sentiment
Sentiment Indicator
Reviu
Pialang
Perusahaan Prop Trading
VPS Services
Signal Providers
EA Programming Services
Program Afiliasi
PAMM Broker Services
Rebate Program Services
Trading Platforms
Expert Advisors
Bursa Kripto
Kursus trading
Pialang
Forex Spreads
Forex Broker Quotes
Forex Broker Swaps
Forex Broker Volume
Forex Broker Promotions
Siaran Pers
Platform
Widget
Features
API
RSS
Stock Portfolio
Affiliate Software
Advanced Charts
Support
FAQ
Help
Contact Us
Report a Bug!
About
Blog
© 2025 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.