US firms added more jobs than predicted

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Source: Bloomberg
US companies added more jobs in December than was previously expected by analysts, indicating US labour market is recovering. In total, US firms added 325 000 jobs in December compared to 178 000 earlier predicted by economists. Increase in hiring is likely to boost consumer spending that creates around 70% of US total expenditure.
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Thu, 05 Jan 2012 14:39:32 GMT

US jobless claims fell by 15 000 last week

The number of US claims for unemployment benefits declined last week signalling positive outlook for country's labour market at the beginning of the year. Jobless claims dropped by 15 000 to 372 000 previous week, said US Labor Department today. Economists questioned by Bloomberg earlier predicted that claims might fell to 375 000.

Thu, 05 Jan 2012 14:01:11 GMT

British Pound reaches 15-month high against Euro

UK's national currency strengthened against the Euro on Thursday, reaching the 15-month record high against the 17-country currency after yields on French bonds increased at the nation's first bond auction in 2012. British Pound gained 0.2% and was trading at £0.8271 in London midday. Currently EUR/GBP is trading at £0.8267.

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