Arab Today, arab today us jobless claims fall sharply to 268000
Last Updated : GMT 13:28:28
Arab Today, arab today
Arab Today, arab today

US jobless claims fall sharply to 268,000

Arab Today, arab today

Arab Today, arab today US jobless claims fall sharply to 268,000

New York Labour Department office in Manhattan
Washington - AFP

New claims for US unemployment insurance benefits fell sharply last week, more evidence of a tightening labor market, official data showed Thursday.
Initial jobless claims, a sign of the pace of layoffs, fell by 20,000 to 268,000 in the week to March 28, the Labor Department said.
The four-week moving average for the often-volatile claims report fell to 285,500. A year ago, the average was 323,250.
On Friday the Labor Department's official March jobs report is expected to show the economy added a strong 250,000 net new positions last month, compared with 288,000 in February, while the jobless rate should remain unchanged at 5.5 percent.

 

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Arab Today, arab today us jobless claims fall sharply to 268000 Arab Today, arab today us jobless claims fall sharply to 268000

 



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