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US Initial Jobless Claims Unexpectedly Rise Last Week, Labour Market Momentum Remains Intact

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 1, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The number of Americans applying for unemployment benefits unexpectedly increased last week, but a steep decline in layoffs in March suggested the labour market momentum remained intact. Initial claims for state unemployment benefits surged 11,000 to a seasonally adjusted 276,000 for the week ended March26, according to the Labor Department.[​IMG]

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