FXstreet.com (Barcelona) - Contrary to the expectations of an increase, initial jobless claims change remained practically flat in the week of January 19th, according to data released by the US Labor Department.

The amount of laid-off workers applying for their unemployment benefit for the first time declined by 1,000 last week to a total volume of 301,000, instead of the 19 k increased forecasted by market analysts.

On the other hand, continuing claims posted a 75k decrease during the week of January 12th to a total amount of 2,672,000, according to the Labor Department.