The Number of Layoffs in June Hits 21-Year Low Dow Jones Advances
The latest U.S. employment data is good. The number of new jobless claims dropped to 364,000 in the previous week, a record low since the outbreak. Moreover, the number of layoffs in June was only 20,476, which is 21 years ago. The low point. Encouraged by the improvement in the job market, US stocks bodes well for the first trading day in the second half of this year.
According to a comprehensive foreign report, the US Department of Labor said on Thursday (1) that as of the week of June 26, the number of initial jobless claims decreased by 51,000 compared with the previous week, and it was 364,000 after seasonal adjustment.
At the same time, according to statistics from Challenger, Gray & Christmas, a global employment agency, the number of layoffs announced by US employers in June fell by 16.7% to 20,476, the lowest level since June 2000. Compared with June 2020, the number of layoffs has dropped by 88%.
Encouraged by the improvement in the job market, US stocks continued to rise. At around 10:20 in Taipei time on the 1st, the Dow Jones Industrial Average rose 94 points to 34,598, S&P 500 rose 12 points to 4309 points, and Nasdaq fell slightly by 4 Point, quoted at 14499.