Flash: SEK unemployment report disappointing – TD securities

FXstreet.com (London) - Research teams at TD Securities said that today’s unemployment report was disappointing, with the SA u-rate remaining unchanged at 8.4% in April, while markets had looked for an improvement to 8.3%.

They added that this increase in the u-rate seems to be more persistent than the brief pop from 8.0% to 8.4% seen in Nov 2012, which completely reversed itself in Dec.