U.S. unemployment claims

Thursday, 26 January 2012 04:46

U.S. unemployment claims reading was higher than expected was week.
The Labor Department reported increase by 21 000 to total 377 000.
Previous month data was revised to 356 000, the lowest number in almost four years.
The jobless claims index was expected at the level of 370 000 for previous week.

Increasing claims for unemployment benefit do not mean worst labor situation.
The amount remains under 400 000 which indicates strong market.
Especially now, around holidays labor market seems to be more volatile.

After data release EUR/USD was traded at 1.3165.