Washington (dpa -AfX) – The first applications for unemployment support in the USA have surprisingly fell. In the past week, the number of auxiliary applications decreased by 7,000 to 221,000, as the Ministry of Labor announced in Washington on Thursday. Economists were surprised by the development. On average, they had expected an increase to 233,000 applications. The value of the previous week was slightly revised upwards.
The number of applications had reached the highest value since October at around 250,000. Experts had identified the first signals for a possible end to solid development on the labor market. Finally, data from US market But again robust. In June, unemployment rate had surprisingly fallen to 4.1 percent.
The weekly income is observed at the financial markets because they are considered an indicator of general development on the US labor market. In general, labor market data play an important role in monetary policy decisions of the US Federal Reserve. Most recently, the Fed had kept the key interest stable. Even at the next meeting at the end of the month, no change is generally expected ./Jkr/sl/mis