Jobless Claims in U.S. Fall to a Nine-Week Low of 268,000

April 2, 2015 12:56 PM

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The fewest Americans in nine weeks filed applications for unemployment benefits, a sign of further strength in the labor market that will continue to support the U.S. expansion.

Jobless claims dropped by 20,000 to 268,000 in the week ended March 28, the lowest since the period ended Jan. 24 and second-lowest in at least a year, a Labor Department report showed Thursday in Washington. The median forecast of economists surveyed by Bloomberg called for 286,000.

Also read: Economy: Jobless claims drop to lowest since 1973; housing starts jump 11%

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