US Labor Market (cn)

US Labor Market

Open trading account Open demo account

The gold quote extends its downward motion.

During the trades on Thursday the precious metal dropped in price to the level of 1632 US dollars and 50 cents per troy ounce.

The pressure was put by a positive statistics on the US labor market. Relying on the Department of Labor findings, the number of initial jobless claims had reduced for the last week by 27 thousand. The analysts were forecasting a contraction of 8 thousand.

Today another group of indicators is due for release indicating the state of the US labor sector. The unemployment is supposed to stay at the same level of 8.2%. Among other labor markets the American one has been releassing positive reports.

Other countries keep on demonstrating new highs. Thus, in the first quarter of 2012 the jobless rate in New Zealand has surged to its 2-year peak of 6.7%. While, the experts predicted a 0.1% downturn.

A day before the Eurozone had also fixed a maximal value of unemployment for the last 15 years - at 10.9%.

日历和评论

编辑选择

Ridge of skyscrapers which have changed the horizon line forever and multilevel highways - all this is Dubai, administrative and commercial center of the United Arab Emirates. In this multicultural metropolis the aspiration to permanent modernization and high technology desire coexist peacefully with religiosity and traditional way of life. InstaForex Company venerates traditions as well. Special for Islam adherents there were established swap free accounts.
Furthermore, Dubai is the world's biggest gold trade center. The famous golden bazaar numbers over 1000 gold stores. Jewelry is tax free, so gold purchase is a very beneficial cash injection. The "Golden city" with its centuries-long history is a financial hub of universal importance and a place for high-grade business appointments.

Ilona Korstin, Russian basketball player, talks about her bad habit (Kaliningrad)

Events

Video interviews

Economic calendar

Geography with InstaForex