Thursday, 23 August 2012

U S Weekly Unemployment Claims likely to fall:Bloomberg Survey

U S  Labor Department may report the number of initial applications for unemployment insurance payments fell by 1,000 to 365,000 last week, according to the Bloomberg survey median. While a decline in firings signals the job market is stabilizing, a pickup in hiring is needed to reduce a jobless rate that has topped 8 percent for 42 consecutive months.

The Data scheduled to release by today at 6.00 pm IST.
Posted by Vruksha Financial Planners at 13:18
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