Initial jobless claims rise more than expected
Advertisement
Initial jobless claims totaled 285,000 last week, rising more than forecast.
Advertisement
Economists had estimated that first-time filings for unemployment insurance totaled 277,000 last week, down from 278,000 (now revised to 277,000).
The four-week moving average of claims rose by 2,000 to 284,750 from the previous week's revised average.
This is the last big data release before the jobs report on Friday, which is expected to show that the pace of job gains slowed as the US economy added 190,000 jobs.
Advertisement
Advertisement
- Spiti Valley guide 2024: Stunning locations & interesting things to do
- Zydus Q4 net profit surges 4-fold to ₹1,182 cr; revenue at ₹5,534 cr
- Sebi mulls facilitating MFs to invest in overseas funds with exposure to Indian securities
- India's forex reserves jump $2.56 bn to $644.15 bn
- JSW Steel Q4 net profit falls 65% to ₹1,322 crore