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Unemployment Claims decreased to 267,000

Thursday, Apr 07 2016
In the week ending April 2, the advance figure for seasonally adjusted initial claims was 267,000, a decrease of 9,000 from the previous week's unrevised level of 276,000. This marks 57 consecutive weeks of initial claims below 300,000, the longest streak since 1973. The advance seasonally adjusted insured unemployment rate was 1.6% for the week ending March 26, unchanged from the previous week's unrevised rate. 
The advance number for seasonally adjusted insured unemployment during the week ending March 26 was 2,191,000, an increase of 19,000 from the previous week's revised level. The 4-week moving average was 2,188,750, a decrease of 1,750 from the previous week's revised average. 
 
Euro is currently being traded few points above 1.1370 level, Sterling is around 1.4080 handle, while Aussie is at 0.7540 area.
More in this category: « ECB ready to ease monetary policy further Aussie rebounded in an overnight trade »

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