Sina Wall Street FRANCISCO 4 evening, the US Labor Department report showed on Thursday last week, initial claims for unemployment benefits fell sharply, indicating a strong labor market conditions。   The Labor Department report, as of April 29 week, the US initial claims for unemployment insurance reduction Wan, fell million and the lowest level since three weeks。   Economists on average had expected the market to accept observation survey of initial claims for unemployment benefits last week will reduce million and the total fell Wan。
  After the payrolls data, the exchange rate rise。
The 10-year bond yields also rose。
  Initial jobless claims continued at very low levels, which is why many economists believe the US economic growth slowed in the first quarter is only an illusion of reason。   The Fed said Wednesday that the agency believes the US first quarter economic weakness is only "temporary", to retain the possibility of raising interest rates in June。
  The report shows that the number of layoffs across the country is still very low。 Initial jobless claims has been 113 weeks in a row is lower than 300,000, the longest continuous time since the 1970s。   More stable four-week moving average of initial claims for unemployment benefits rose by 750, the total climbed to Wan。
  The number of so-called continuing to receive unemployment benefits data, already receiving unemployment benefits in the reduction million to a total decline to 1.96 million。 Four-week moving average of continuing to receive unemployment benefits has fallen to its lowest level since 1988。
(Zhang Jun)。