European shares ended higher on Friday after data showed U.S. unemployment rate for November fell unexpectedly 10 percent.The FTSE 100 index of leading British shares was up 0.18 percent 9.36 points at 5322.36 while Germany's DAX was up 0.82 percent up 47.30 points to 5817.65. The CAC-40 in France was up 1.25 percent up 47.51 points at 3846.62.Banking stocks gained BNP Paribas, Societe Generale and UniCredit up 1 to 2 percent.
Unemployment rate for November fell unexpectedly 10 percent and the economy lost only 11,000 jobs,the fewest since the recession started in December 2007.Unemployment data showed that the rate fell from 10.2 percent in October to 10 percent in November.
Crude oil futures ended lower on Friday as better than expected unemployment data led crude oil for January delivery down 99 cents, down 1.3 percent, to settle at 75.47 dollars a barrel on the New York Mercantile Exchange.Brent Crude was down 62 cents, to $77.74 a barrel.Dollar rebounded on the Unemployment news.As the dollar crept higher,it took the steam out of commodities.Rise in the dollar also pushed prices down.