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U.S. weekly jobless claims fall more than expected [View all]
U.S. Markets
2 minute read| March 16, 2023 | 8:58 AM EDT | Last Updated an hour ago
U.S. weekly jobless claims fall more than expected
Reuters
WASHINGTON, March 16 (Reuters) - The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to continued labor market strength, though financial markets turmoil is casting a shadow over the economy.
Initial claims for state unemployment benefits dropped 20,000 to a seasonally adjusted 192,000 for the week ended March 11, the Labor Department said on Thursday. Economists polled by Reuters had forecast 205,000 claims for the latest week.
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2 minute read| March 16, 2023 | 8:58 AM EDT | Last Updated an hour ago
U.S. weekly jobless claims fall more than expected
Reuters
WASHINGTON, March 16 (Reuters) - The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to continued labor market strength, though financial markets turmoil is casting a shadow over the economy.
Initial claims for state unemployment benefits dropped 20,000 to a seasonally adjusted 192,000 for the week ended March 11, the Labor Department said on Thursday. Economists polled by Reuters had forecast 205,000 claims for the latest week.
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1 replies
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