Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Initial Jobless Claims indicator rose during last week, as the number of american citizens in search for a job increased. This could be interpreted as continuing uncertainty about the recovery of US labour market.

Claims rose to 360 000 during last week, from the revised number of 328 000 during the previous period. Experts estimated number of claims to reach 330 000. This turned out to be the strongest weekly increase since November 2012. Current data spoke of an increase in layoffs from work, which had decreased to almost 5 year low during last two weeks.

It was reported that some federal agencies forced their employees to take an unpaid leave, due to initiated budget reduction.

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • US home prices rose at a largest rate since 2006US home prices rose at a largest rate since 2006 Official data showed that S&P/Case-Shiller Composite-20 Home Price Index in United States registered a rise by 10.87% during March 2013, compared to March 2012, as the indicator changed at the biggest rate since April 2006. The index, […]
  • Forex Market: USD/CAD daily trading outlookForex Market: USD/CAD daily trading outlook Yesterday’s trade saw USD/CAD within the range of 1.3362-1.3525. The pair closed at 1.3510, soaring 0.89% on a daily basis, while marking its third consecutive trading day of gains. The daily rate of increase has been the steepest one since […]
  • Forex Market: GBP/USD daily trading forecastForex Market: GBP/USD daily trading forecast Yesterday’s trade saw GBP/USD within the range of 1.5588-1.5721. The pair closed at 1.5682, gaining 0.31% on a daily basis.At 8:15 GMT today GBP/USD was down 0.12% for the day to trade at 1.5661. The pair touched a daily low at 1.5632 at […]
  • Corcept Therapeutics Shares Surge 109% to $114.22 on Phase 3 Trial BreakthroughCorcept Therapeutics Shares Surge 109% to $114.22 on Phase 3 Trial Breakthrough Key momentsCorcept Therapeutics’ stock soared 109% on Monday, closing at $114.22. The company’s pivotal Phase 3 ROSELLA study was a success, reducing ovarian cancer progression by 30% and stretching progression-free survival to 6.5 […]
  • J.P. Morgan Chase shares rebound on Wednesday, up to 90 branches to be opened in 9 US marketsJ.P. Morgan Chase shares rebound on Wednesday, up to 90 branches to be opened in 9 US markets According to a statement by J.P. Morgan Chases consumer banking division on Wednesday, up to 90 new branches are expected to be opened in 9 top markets across the United States.J.P. Morgan Chase shares closed higher for the fourth time […]
  • Volkswagen on pressure by labor unionVolkswagen on pressure by labor union Volkswagen the car manufacturer is considering a deal with the labor union IG Metal for wage raise of workers at German factories. According to Reuters more than 100 000 workers are going to be covered by the deal just as the automobile maker […]