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Unexpected sharp drop in the number of new U.S. aid applications

Field: ABM Financial News

. 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.

ABMFNABM 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.

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