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12:43
US February trade deficit reached $57.35 billion
Glonghui, April 2|The US trade deficit in February was $57.35 billion, while the market expectation was a deficit of $62 billion. US exports in February were $314.79 billion, a year-on-year increase of 4.2%; imports were $372.14 billion, an increase of 4.3%.
12:39
U.S. Initial Jobless Claims at 202,000 Last Week
On April 2, the number of initial jobless claims in the U.S. last week was 202,000, estimated at 212,000, with a previous value of 210,000.
12:39
Market Analysis: The U.S. Labor Market Shows Characteristics of Low Hiring and Low Layoffs
Glonghui, April 2 — According to the US financial website investinglive regarding the US initial jobless claims data: the main current feature is “low hiring, low layoffs.” The data shows that with a low layoff rate, hiring activity is slowing down, and the labor market remains relatively stable. Low unemployment benefit claims do not necessarily mean the labor market is completely healthy. With a slowdown in hiring but still low layoff rates, a market condition may form where those who already have jobs can keep their positions, but job seekers might find it difficult to secure new employment opportunities.
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