Economics
U.S. Jobless Claims Eased Last Week, Showing Tight Labor Market
- Applications for unemployment aid fell by 2,000 to 184,000
- Continuing claims dropped to the lowest level since 1970
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Applications for U.S. state unemployment insurance fell slightly last week to a level that’s consistent with an exceptionally tight labor market.
Initial unemployment claims decreased by 2,000 to 184,000 in the week ended April 16, Labor Department data showed Thursday. The median estimate in a Bloomberg survey of economists called for 180,000 initial applications.