Americans lined up for unemployment benefits at a decelerated clip in the week ended 8 March, according to the Labor Department.
13 March 2025 13:58:16
Source: Sharecast
Initial jobless claims fell by 2,000 to 220,000 last week, below market expectations for an uptick to 225,000, while continuing claims eased by 27,000 at 1.87m.
The four-week moving average, which aims to smooth out week-to-week volatility, increased by 1,500 week-on-week to 226,000.
The advance seasonally adjusted insured unemployment rate was 1.2%, unchanged from the previous week's unrevised rate.
Reporting by Iain Gilbert at Sharecast.com
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