U.S. jobless claims set a more than 50-year low last week as the red-hot labor market shows few signs of cooling in the near-term.
The Labor Department released its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg:
-
Initial jobless claims, week ended March 19: 187,000 vs. 210,000 expected and a revised 215,000 during prior week
-
Continuing claims, week ended March 12: 1.350…
Source link
