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Wednesday, December 24, 2014
TODAY'S "JOBLESS CLAIM DATA" DATE: 24-12-2014
Radhey Radhey!
Dec 24 19:00 GMT+5:30 291K Consensus 289K Previous
The 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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