U.S. jobless claims surprisingly low….

Thursday, 3 May 2012 03:47

As every week The U.S. Labor Department released today weekly unemployment claims data. Despite growing trend in last couple of weeks reading for week ended April 28th showed decline.

 Jobless claims reached 365 000, much lower than 381 000 estimated.

Previous week data was revised from 388 000 up to 392 000.

It is the biggest weekly drop in claims recorded in last year.

The more accurate, four week report showed an increase to 383 500 claims.

Euro remained weaker against its main counterpart, the couple EUR/USD was traded at 1.3097.