Investing.com – The number of people who filed for unemployment assistance in the U.S. last week rose less-than-expected, official data showed on Thursday.
In a report, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending September 30 rose by 6,000 to a seasonally adjusted 401,000, beating expectations for an increase to 411,000.
The previous week’s figure was revised up to 395,000 from 391,000.
Continuing jobless claims in the week ended September 24 fell to 3.700 million from a revised 3.752 million in the preceding week. Analysts had expected continuing jobless claims to fall to 3.725 million.
Following the release of the data the U.S. dollar remained higher against the euro, with EUR/USD slumping 0.56% to trade at 1.3274.
Meanwhile, U.S. stock index futures added to modest gains following the data.
The Dow Jones Industrial Average futures indicated an increase of 0.35%, S&P 500 futures rose 0.3%, while the Nasdaq 100 futures edged 0.25% higher.
In a report, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending September 30 rose by 6,000 to a seasonally adjusted 401,000, beating expectations for an increase to 411,000.
The previous week’s figure was revised up to 395,000 from 391,000.
Continuing jobless claims in the week ended September 24 fell to 3.700 million from a revised 3.752 million in the preceding week. Analysts had expected continuing jobless claims to fall to 3.725 million.
Following the release of the data the U.S. dollar remained higher against the euro, with EUR/USD slumping 0.56% to trade at 1.3274.
Meanwhile, U.S. stock index futures added to modest gains following the data.
The Dow Jones Industrial Average futures indicated an increase of 0.35%, S&P 500 futures rose 0.3%, while the Nasdaq 100 futures edged 0.25% higher.