US: Weekly Initial Jobless Claims decline to 166K vs. 200K expected By Frank_Macro UnitedStates Macroeconomics
There were 166,000 Initial Jobless Claims in the US in the week ending on 2 April, the latest release from the US Department of Labour on Thursday showed, a record low. That was well below the median economist forecast for a reading of 200,000 and a steep drop from the prior week's 202,000. That meant the four-week average fell to 170,000 from 178,000 the week before.
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