Initial jobless claims drop to 403,000
Washington, DC, United States (AHN) – Initial jobless claims remained above the 400,000 mark for the second week in a row with 403,000 Americans filing for benefits during the week ending April 16, the U.S. Department of Labor said Thursday.
That number was down 13,000 from the previous week’s filings of 416,000 first time claims for unemployment compensation insurance benefits.
Moreover, the number of jobless people covered by unemployment compensation insurance remained stable at 2.9 percent.
The less volatile 4-week moving average was 3,716,750, a drop of 17,500 from the previous week’s revised average of 3,734,250.
However, there were still 8,299,810 claiming jobless benefits in all programs for the week ending April 2.
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