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FEX - Weekly Initial Claims For Unemployment Benefits Fell But Outlook Remains Uncertain
First Trust Large Cap Core AlphaDEX Fund
Initial claims for regular state unemployment insurance totaled 348,000 for the week ending August 14, a drop of 29,000 from the previous week’s revised tally of 377,000.
A record number of openings continue to be reported across many industries, yet labor force participation remains low, making it difficult to fill the positions.
Continuing claims in all federal programs totaled 8.907 million for the week ending July 31, a decrease of 233,050.