Jobless claims in U.S. decline to the lowest since 2008

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Number of first-time claims for jobless benefits dropped more than expected last week. According to Labour Department, applications for unemployment benefits decreased 30 000 to 339 000, the fewest since 2008, while economists projected 370 000 claims. 

The report "is consistent with a labour market that is gradually getting better,"Guy Berger, a U.S. Economist at RBS Securities Inc. "Layoffs are at a low level and don't seem to be going anywhere. Hiring is still very muted."

Back to articles

Actual Topics

Thu, 11 Oct 2012 17:22:16 GMT

U.S. stocks rise on better-than-expected jobless data

On Thursday, October 11, U.S. stocks extended gains after data showed jobless claims fell to a four-year low. The Dow Jones Industrial Average advanced 0.4%, to 13,401.9; the Standard & Poor 500 Index jumped 0.7%,, to stand at 1,441.95, while Nasdaq 100 futures added 0.8%, to 3,074.86. The total number of Initial applications for jobless benefits declined 30,000 to 339,000, above analysts' expectations for a

Thu, 11 Oct 2012 15:55:12 GMT

German shares rally on positive US data

German equities rallied on Thursday after encouraging data from the US labour market. Restricting the upswing, the S&P cut Spanish debt rating to one level above ‘junk' status. However, Spanish concerns eased after the IMF head Christine Lagarde stated that indebted eurozone's nations should be granted more time to lower their budget deficit. The DAX Index surged 1.16% and is

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.