U.S. Jobless Claims Rose Last Week

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WASHINGTON—The number of Americans claiming new unemployment benefits rose last week but remained near multidecade lows, offering fresh evidence of the labor market’s strength.

Initial jobless claims, a proxy for layoffs across the U.S., increased by 24,000 to a seasonally adjusted 242,000 in the week ended March 31, the Labor Department said Thursday. Economists surveyed by The Wall Street Journal expected 225,000 new claims last week.



Source link: https://www.wsj.com/articles/u-s-jobless-claims-rose-last-week-1522931637?mod=pls_whats_news_us_business_f

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