WASHINGTON (Reuters) - New claims for unemployment benefits fell slightly last week but a trend reading rose to its highest since January, the latest sign of a weaker pace of healing in the still-struggling labor market.
New claims for unemployment benefits fell slightly last week but a trend reading rose to its highest since January, the latest sign of a weaker pace of healing in the still-struggling labor market.
WASHINGTON — The number of Americans filing new claims for unemployment benefits fell more than expected last week, which could ease fears of a marked deterioration in labour market conditions after a surprise stumble in job growth in March.
WASHINGTON (Reuters) - New claims for unemployment benefits fell more than expected last week, according to a government report on Thursday that could ease fears the labor market recovery was stalling.
New claims for jobless insurance benefits in the United States fell to the lowest level in 17 months, government data showed Thursday on signs that unemployment at 26-year highs may ease as the economy recovers from recession.The seasonally adjusted initial claims for unemployment insurance benefits in the week ending December 26 stood at 432,000, a decrease of 22,000 from the previous week's revised figure of 454,000, the Labor Department said.