Jobless claim sink to 268,000, near lowest levels since 2000

April 2, 2015 1:34 PM

41 0

Jobless claim sink to 268,000, near lowest levels since 2000

Some 268,000 people applied for unemployment benefits in the period stretching from March 22 to March 28, down 20,000 from the prior week, the Labor Department said Thursday.

For four straight weeks initial claims have tracked below 300,000, a key threshold typically associated with a strengthening labor market. New applications for benefits are also running about 19% below year-ago levels.

Also read: Gambia's Jammeh in shock election loss after 22-year rule

Read more

To category page

Loading...