Economic Buzz: US initial jobless claims fall to 205,000
The four-week moving average, which helps smooth out weekly volatility, also edged lower by 750 to 210,750.
However, continuing jobless claims'which reflect the number of people still receiving benefits'rose by 10,000 to 1.86 million for the week ending March 7.
Overall, the data points to a resilient labor market, with layoffs remaining relatively low despite broader economic uncertainties.
Powered by Commodity Insights



anubhai
Back Office