US Labor Market Improves With Lower Unemployment Claims

First-time claims for unemployment benefits fell sharply last week, according to a government report that showed an unexpected improvement in the labor market.
The Labor Department report showed 344,000 Americans filed for jobless benefits in the latest week, down from 366,000 the previous week. Economists surveyed by had forecast 360,000 would be seeking help in the latest report.

via CNN

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza