U.S. weekly jobless claims show unexpected drop

Noticias del mercado

14 marzo 2013

U.S. weekly jobless claims show unexpected drop

In the latest positive sign for the U.S. labor market, the Labor Department released a report on Thursday showing that first-time claims for unemployment benefits unexpectedly decreased in the week ended March 9th.

The report showed that initial jobless claims fell to 332,000, a decrease of 10,000 from the previous week's revised figure of 342,000. The drop came as a surprise to economists, who had expected jobless claims to rise to 350,000 from the 340,000 originally reported for the previous week.

Upgrades and downgrades before the market open:

U.S.: PPI excluding food and energy, Y/Y, February +1.7% (forecast +1.7%)

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