The US Initial jobless claims for January 28 came in at 367; better than the prior reading of 377 thousand and projected 371 thousand while that the continuing claims for January 21 came in 3437 thousand from 3554 thousand; lower than the precieted 3535 thousand.

Whilethe preliminary fourth quarter of the nonfarm productivity fell to 0.7% from 2.3%; lower than the predicted 0.8% and for the same period the unit labor costs inclined actually to 1.2% from -2.5%.