U.S. weekly unemployment claims at 351 000.

Thursday, 1 March 2012 03:56

The U.S. Department of Labor reported that initial claims for unemployment insurance dropped to four years low at 351 000 for the week ended February 25th.

Previous week data was revised from 351 000 to 353 000 people filling applications for unemployment benefit.

The average four weeks claims declined to 354 000.

Euro remained lower against U.S. dollar, with couple traded at 1.3293.