Initial jobless claims fell less than expected
Advertisement
Reuters/Jason Reed
Advertisement
The reading came in 258,000, slightly higher than economists' forecast of 256,000.
Last week claims came in at 260,000.
This is the 86th consecutive week that claims have been below 300,000 - the longest streak since 1970.
Meanwhile, yhe 4-week moving average was 253,000, a slight uptick of 1,000 from the previous week's revised average.
Advertisement
Advertisement
- I'm an interior designer. Here are 10 things in your living room you should get rid of.
- A software engineer shares the résumé he's used since college that got him a $500,000 job at Meta — plus offers at TikTok and LinkedIn
- Higher-paid employees looking for work are having a tough time, and it could be a sign of a shift in the workplace
- Paneer snacks you can prepare in 30 minutes
- Markets crash: Investors' wealth erodes by ₹2.25 lakh crore
- Stay healthy and hydrated: 10 immunity-boosting fruit-based lemonades
- Here’s what you can do to recover after eating oily food
- AMD set to fuel growing demand for AI compute, says CTO