U.S. Jobless Claims Decline by More Than Forecast to 166,000 -Breaking
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© Bloomberg. At Hiddenite Furniture Manufacturing Facility, North Carolina, a worker transfers furniture to a truck. Photographer: Logan Cyrus/Bloomberg(Bloomberg.) – Last week, U.S. unemployment insurance applications dropped more than anticipated as employers continue to hire workers in a labor market that is becoming increasingly competitive.
The week ended April 2nd saw a decrease in initial unemployment claims of 5,000 2, Labor Department data showed Thursday. A Bloomberg survey of economists found that the median estimate called for 200,000 applications.
In the week ending March 26, claims for continued state benefits rose by a whopping 12%
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