The U.S. Labor Department released the Initial Jobless Claims for the week ended December 03, where the index eased by 23 thousand to 381 thousand, from 402 thousand and revised estimate of 404 thousand, while better than expected estimate of 395 thousand.

While continuing claims for the week ending November 26, came in lower than expected at 3583 from 3740 thousand that was downwardly revised to 3757 thousand, and also better than median estimates of 3700 thousand.