TODAY'S "JOBLESS CLAIM" DATE: 26-11-2014

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Nov26 19:00GMT+5:30

288K Consensus

291K Previous

he Initial Jobless Claims released by the US Department of Labor is a measure of the number of people filing first-time claims for state unemployment insurance. In other words, it provides a measure of strength in the labor market. A larger than expected number indicates weakness in this market which influences the strength and direction of the US economy. Generally speaking, a decreasing number should be taken as positive or bullish for the USD. - Chandan
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