Fri, 27 Jul 2012 08:06:39 GMT
U.S. jobless claims decline
The number of the U.S. unemployment claims considerably declined last week, sinking by 35,000 to 353,000 and presenting the biggest 1-week decrease of the year. Economists expected jobless claims to fall to 378,000. The main reason is a decreased number of layoffs in the automotive industry, indicating a changing pattern in industry employment.