* Brent, U.S. crude headed for 3 pct weekly loss
* Weak dollar lends oil some support
* U.S. jobs, factory orders data soft
* Hurricane Joaquin veers away from U.S. oil facilities
* Coming up: U.S. weekly oil rig count at 1 p.m. EDT (1700 GMT) (New throughout, updates prices and market activity, adds comments from U.S. session; changes byline and dateline, previous LONDON)
By Barani Krishnan
NEW YORK, Oct 2 (Reuters) - Oil prices fell around 1 percent on Friday, heading for a weekly decline, as weaker-than-expected U.S. economic data weighed on the energy demand outlook and Hurricane Joaquin veered away from oil installations in the U.S. East Coast.
The dollar's drop limited losses in oil. The currency fell on concerns that the U.S. economy may still be too weak to allow the Federal Reserve to raise interest rates this year.
Oil and most other commodities are traded in dollars .DXY and a weaker greenback makes those raw materials more affordable to users of the euro EUR= and other currencies.
Brent LCOc1 , the global oil benchmark, was down 55 cents, or 1.2 percent, at $47.14 a barrel by 10:38 a.m. EDT (1438 GMT).
U.S. crude CLc1 was off 50 cents, or 1 percent, at $44.24.
Both Brent and U.S. crude were down about 3 percent on the week.
U.S. employers slammed the brakes on hiring over the last two months and wages fell in September. U.S. factories were feeling the global chill and shed 9,000 jobs in September after losing 18,000 in August, according to the Labor Department's survey of employers.
Separately, U.S. factory orders fell 1.7 percent in August, data on Friday showed.
The weaker U.S. data "just took a rate hike off the table for this year and heightens fear of a global slowdown," said Chris Jarvis, energy analyst at Caprock Risk Management in Frederick, Maryland.
Traders and investors will be looking out at 1 p.m. EDT (1700 GMT) for the weekly reading on the U.S. oil rig count to gauge how domestic crude production was faring.
The data, issued by industry firm Baker Hughes (NYSE:BHI), showed last week that U.S. energy firms cut oil rigs for a fourth week in a row, although the drop of four rigs was also the smallest since the declines began.