. This was clear from figures from the US Department of Labor on Thursday.
The number of new applications for unemployment benefits has dropped from 193,000 to 576,000. The number a week ago was adjusted from 25,000 to 769,000.
Economists had previously expected a drop of 710,000 new applications.
The four-week moving average, which is generally low volatility, is 683,000 requests. This is 47,250 less than a week ago.
The number of extended grant applications for the week ended April 3 stood at 3.731 million, an increase of 4,000 applications.
ABM Financial News; [email protected]; Redactie: +31 (0) 20 26 28 999.
From Pearspleen 5, editors ABM Financial News Stock market developments and especially close to the Amsterdam stock market. The information in this column is not intended as a professional investment advice or as a recommendation for making certain investments.
Comments
“Introvert. Communicator. Tv fanatic. Typical coffee advocate. Proud music maven. Infuriatingly humble student.”
More Stories
Solar Magazine – China Challenges US Tax Credit for Electric Cars and Solar Panels
US economic growth is weaker than expected
Micron gets billions in grants to build new memory factories in US – Computer – News