Mar 08
Oil is among the winners following the surprisingly strong unemployment report released by the government on Friday (March 5). Jobless claims and unemployment numbers both came in lower than expected for February according to the Labor Department.
US employers slashed just 36,000 jobs during the month of February compared to a forecast of 50,000. Unemployment held steady at 9.7 per cent compared to analysts predictions of a small increase to 9.8 per cent.
Friday’s data supports recent analyst comments that the economy finally is in recovery with a confirmation of ...Forex Rate - Forex and Exchange rates