Category Archives: 24/7 Newsroom News

Americans Filing For Jobless Benefits Decline as Labor Market Stays Strong

Americans Filing For Jobless Benefits Decline as Labor Market Stays Strong

According to the Labor Department, the number of initial jobless claims fell by 21,000 to 221,000 for the week ending March 1, well below analysts’ expectations of 236,000 new claims. Weekly jobless claims are seen as an indicator of layoffs, which have largely remained between 200,000 and 250,000 for several years. The four-week moving average,…MORE