Jobless Claims Fall in Latest Week
- Share via
From Reuters
U.S. initial jobless claims fell by 38,000 to a seasonally adjusted 405,000 in the week ended April 5, the Labor Department said. It was the biggest one-week drop in a year. But for the eighth week in a row, the level remained above the key 400,000 mark that economists consider a weak labor market.
The decline still was bigger than expected. Economists in a Reuters poll forecast, on average, that claims would decline to 428,000.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
