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 July 15 rose by 10,000 to a seasonally adjusted 418,000, above expectations of 408,000.
The previous week’s figure was revised up to 408,000 from 405,000.
Continuing jobless claims in the week ended July 9 fell to 3.698 million from a revised 3.748 million in the preceding week. Analysts had expected continuing jobless claims to fall to 3.705 million.
Following the release of the data the U.S. dollar was down against the euro, with EUR/USD jumping 0.45% to trade at 1.4280.
Meanwhile, U.S. stock index futures added to gains after the release of the data.
The Dow Jones Industrial Average futures indicated a rise of 0.6%, S&P 500 futures pointed to an increase of 0.65%, while the Nasdaq 100 futures climbed 0.45%.
In a report, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits in the week ending July 15 rose by 10,000 to a seasonally adjusted 418,000, above expectations of 408,000.
The previous week’s figure was revised up to 408,000 from 405,000.
Continuing jobless claims in the week ended July 9 fell to 3.698 million from a revised 3.748 million in the preceding week. Analysts had expected continuing jobless claims to fall to 3.705 million.
Following the release of the data the U.S. dollar was down against the euro, with EUR/USD jumping 0.45% to trade at 1.4280.
Meanwhile, U.S. stock index futures added to gains after the release of the data.
The Dow Jones Industrial Average futures indicated a rise of 0.6%, S&P 500 futures pointed to an increase of 0.65%, while the Nasdaq 100 futures climbed 0.45%.