Investing.com – The number of people who filed for unemployment assistance in the U.S. last week fell more-than-expected, official data showed on Wednesday.
In a report, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending November 6 fell to a seasonally adjusted 435K, after rising to 459K in the preceding week, whose figure was revised from 457K.
Analysts had expected initial jobless claims to fall to 450K in the week ending November 6.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD shedding 0.11% to hit a 2-week low of 1.3757.
Meanwhile, the outlook for U.S. equity markets was mixed: Dow Jones Industrial Average futures indicated a loss of 0.06%, S&P 500 futures pointed to a drop of 0.04%, while the Nasdaq 100 futures indicated a gain of 0.04%.
In a report, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending November 6 fell to a seasonally adjusted 435K, after rising to 459K in the preceding week, whose figure was revised from 457K.
Analysts had expected initial jobless claims to fall to 450K in the week ending November 6.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD shedding 0.11% to hit a 2-week low of 1.3757.
Meanwhile, the outlook for U.S. equity markets was mixed: Dow Jones Industrial Average futures indicated a loss of 0.06%, S&P 500 futures pointed to a drop of 0.04%, while the Nasdaq 100 futures indicated a gain of 0.04%.