Investing.com – The number of people who filed for unemployment assistance in the U.S. last week rose more-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 November 27 rose to a seasonally adjusted 436K, after falling to 410K in the preceding week, whose figure was revised up from 407K.
Analysts had expected initial jobless claims to rise to 423K in the week ending November 27.
Following the release of the data, the U.S. dollar was down against the euro, with EUR/USD gaining 0.23% to hit 1.3168.
Meanwhile, the outlook for U.S. equity markets was upbeat: Dow Jones Industrial Average futures indicated a rise of 0.26%, S&P 500 futures pointed to a gain of 0.32% and Nasdaq 100 futures jumped 0.42%.
In a report, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending November 27 rose to a seasonally adjusted 436K, after falling to 410K in the preceding week, whose figure was revised up from 407K.
Analysts had expected initial jobless claims to rise to 423K in the week ending November 27.
Following the release of the data, the U.S. dollar was down against the euro, with EUR/USD gaining 0.23% to hit 1.3168.
Meanwhile, the outlook for U.S. equity markets was upbeat: Dow Jones Industrial Average futures indicated a rise of 0.26%, S&P 500 futures pointed to a gain of 0.32% and Nasdaq 100 futures jumped 0.42%.