Greg Michalowski, an analyst at the financial website Forexlive, believes that the number of initial jobless claims in the US has not changed much, but it is even more likely to decline, indicating that the job market is stable and “has not significantly exceeded expectations.” The number of people renewing unemployment benefits is still below 1.8 million, and there has been a further decline. This also indicates that the economy has improved, indicating that the unemployed will not be unemployed for a long time.