U.S.jobless claims up sharply last week

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U.S.jobless claims up sharply last week
The number of Americans initially applying for unemployment aid last week rose by 51,000 from the previous week,[link widoczny dla zalogowanych], the U.S. Labor Department reported Thursday.The Labor Department said that the advance figure for seasonally adjusted initial claims for jobless benefits was 454,000 in the week ending Jan. 22, increasing from the prior week's revised figure of 403,[link widoczny dla zalogowanych],000.
Analyst said that a major reason for the spike was the rare snowstorms that swept through the Southeast,[link widoczny dla zalogowanych], which prevented many people from applying for benefits in the prior week. When state offices reopened and people were able to file applications that pushed the number of requests up sharply.
The four-week moving average,[link widoczny dla zalogowanych], which more closely watched claims figure,[link widoczny dla zalogowanych], increased to 428,[link widoczny dla zalogowanych],750 from the previous week's revised average of 413,000.Economists said that the number of jobless claims will have to fall to 375,[link widoczny dla zalogowanych],000 or below to signal a sustained drop in the unemployment rate.
Though the number for jobless claims rose last week, many economists still consider that hiring will pick up this year.The weekly figures of jobless benefits application reflect the level of layoffs and indicate the real-time condition of the American job market.
Nokia's global mobile-phone market share drops
Nokia Corp.'s global market share of mobile phones shrank by 4 percent in the 4th quarter of 2010,[link widoczny dla zalogowanych], the world's largest mobile phone maker said Thursday.Nokia said in its 2010 annual report that its global market share shrank from 35 percent a year ago to around 31 percent in the fourth quarter.In the three-month period,[link widoczny dla zalogowanych], the company sold 123.7 million mobile phones, up 12 percent from the previous quarter,[link widoczny dla zalogowanych], but down 3 percent from a year earlier.
With competition in the mobile market growing tougher,[link widoczny dla zalogowanych], Nokia, which performs well in the mid-end smart phone segment,[link widoczny dla zalogowanych], is struggling in the high-end and low-priced phone segments, analysts say.In the smart phone segment, its market share in Q4, 2010 was at 31 percent,[link widoczny dla zalogowanych], decreasing significantly from 40 percent of the corresponding period in 2009.
Nokia CEO Stephen Elop said Thursday that faced with growing competition and a changed business environment, the company will have to adjust itself faster.Nokia's share price at the Helsinki stock exchange fell 3.3 percent after the report's release.
Airbus delivers record number of corporate jets in 2010
European planemaker Airbus delivered a record number of 15 corporate jets in 2010, with a total worth of more than 1.5 billion U.S. dollars,[link widoczny dla zalogowanych], the France-based company said Thursday in a statement.The sales list included A318 Elites,[link widoczny dla zalogowanych], Airbus Corporate Jetliners (ACJs) and A320 Prestiges, the company said.
In 2010,[link widoczny dla zalogowanych], Airbus also won new orders for seven aircraft from the A318 Elite/Airbus ACJ/A320 Prestige Family,[link widoczny dla zalogowanych], plus one widebody A330/ A340.The manufacturer said the orders and deliveries were both for customers and operators in Aisa,[link widoczny dla zalogowanych], Europe and the Middle East,[link widoczny dla zalogowanych], including private users and government clients."Like our airliner business,[link widoczny dla zalogowanych], the market for our corporate jets is worldwide and growing ..." said Airbus Chief Operating Officer John Leahy.
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