Jobless claims fall unexpectedly to 253.000 last week

Jobless claims fall unexpectedly to 253.000 last week

Thursday, official data showed that the number of people who filed for unemployment assistance in the US last week unexpectedly fell, raising optimism about the economy with stability in the labor market.

The US Labor Department said in a report that the number of individuals filing for initial jobless benefits fell by 13,000 to a seasonally adjusted up to 253.000 of the total amount of 266.000 last week has changed his number was down from 267.000.

Analysts had expected a rise in jobless claims increased by 3,000 to reach 270,000 last week.

Jobless claims for the first time has traded below the level of 300,000 for 57 straight weeks, which is usually associated with labor market firming.

It fell jobless claims in the week ended April 2 / April to 2.171 million from 2.189 million the previous week. And the previous week was revised to a decline in rates of 2.191 a million .okan Analysts had expected continuing claims fell to 2.183.

The decline in the average movement in four weeks by 265,000 by 500 of the revised number in the previous week, amounting to 266.500, and is considered the monthly average a more accurate gauge of labor trends because it reduces volatility in the data a week to a week.

Immediately after the release of the inflation report and the EUR / USD traded at 1.1267 data from 1.1253 before the release of the report and the GBP / USD at 1.4146 from 1.4141 earlier. While the dollar / yen traded at 109.31 from 109.43 earlier on.

The circulation of the dollar index, which measures the dollar's strength against a basket of six currencies, traded at 94.91, compared with 95.01 before the report.

At the same time, futures rose US stock positively before issuing the data with the Dow Jones index of 30 futures rose 15 points, or the equivalent of 0.08%, and the S & P 500 rose 2 points, or the equivalent of 0.07% and the Nasdaq 100 rose 3 points, or the equivalent of 0.05%.

Elsewhere, in the commodities market, gold traded at $ 1.237.90 per ounce compared to $ 1.236.1 per ounce ahead of the data, while crude oil traded at $ 42.05 a barrel from 41.89 dollars a barrel earlier.