US – Initial Claims
08/02/2019 10:14 am MYT
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The seasonally adjusted initial claims for the week ending 2 Feb 2019 were 234,000, down 19,000 from the previous week. The 4-week moving average increased 4,500 from the previous week to 224,750 – see figure 1. Continuing jobless claims for the week ending 26 Jan 2019 registered a seasonally adjusted 1.736 mln, down 42,000 from the previous week, while the 4-week moving average increased by 4,250 to 1.741 mln. Layoffs continued to linger around historically low levels despite a noticeable rise. The underlying trend remained consistent with a tight labour market.

 

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Note from Publisher
In a seminar organised by Capital Dynamics in 2002, Tan Teng Boo said that the modernisation of China is a transformation that happens only once in a millennium. In the 17 years that followed, we have seen a glimpse of the impact coming from China’s transformation.

Feeling increasingly insecure, the US has launched a multi-pronged war on China, which has caused great uncertainty around the world. The clash between the two global giants is expected to be long-drawn, lasting decades. Hence, it is important that one has a deep and sound understanding of the US-China tensions and relations. In the coming 2018/2019 Global Investor Week on 13 and 14 April 2019, we have invited prominent speakers from China, US, Africa, and Asia to share their candid views based on their unique perspectives. Closer to home, the rapid changes in Malaysia’s political scene are of utmost concern to Malaysians. How will Malaysia’s political future play out ? Come and listen to the insights from leading experts on Malaysian politics.

Many other exciting programmes have been planned for the 2018/2019 Global Investor Week. Please visit https://giw.icapital.biz for more details.
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