Initial Jobless Claims Rise Slightly More Than Expected, Reflecting a Low-Fire Labor Market
Initial jobless claims for the week ended April 18 increased to 214,000, surpassing the expected 211,000 and rising from the previous week's revised figure of 207,000. The data indicates a still-strong labor market despite the slight increase. The four-week moving average was also reported, though specific details were not provided in the excerpt.
Topics: economic data jobless claims unemployment