Thu, 05 Jul 2012 15:55:41 GMT
US initial unemployment claims dropped to 374,000 last week
The number of individuals who applied for jobless benefits in the US declined more than initially expected, according to US Department of Labor Statistics. The number of jobless claims fell by 14,000 to 374,000 on a seasonally adjusted basis. Experts predicted the unemployment claims to decrease by 3,000 to 385,000 last week. After the data release, the US Dollar posted