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Unemployment Claims rose to 277,000,

Thursday, Oct 01 2015
In the week ending September 26, the advance figure for seasonally adjusted initial claims was 277,000, an increase of 10,000 from the previous week's unrevised level of 267,000. Analysts were forecasting incline to 273,000. The 4-week moving average was 270,750, a decrease of 1,000 from the previous week's unrevised average of 271,750.  
 
The advance seasonally adjusted insured unemployment rate was 1.6% for the week ending September 19, a decrease of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending September 19 was 2,191,000, a decrease of 53,000 from the previous week's revised level. This is the lowest level for insured unemployment since November 11, 2000 when it was 2,161,000. The 4-week moving average was 2,235,250, a decrease of 17,000 from the previous week's revised average. 
 
Euro is currently being traded around 1.1160 area, Sterling is few points above 1.5140 level, while Aussie is at 0.7060 area. Later today, Manufacturing PMI figures are scheduled for a release
More in this category: « UK Manufacturing PMI down to 51.5 Retail Sales rose 0.4% in August »

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