20 Apr 2023
US: Weekly Initial Jobless Claims rise to 245K vs. 240K expected
- Initial Jobless Claims in the US increased by 5,000 in the week ending April 15.
- Continuing Jobless Claims increased by 61,000 in the week ending April 8.
- US Dollar Index turns negative for the day after economic reports.
There were 245,000 initial jobless claims in the week ending April 15, the weekly data published by the US Department of Labor (DOL) showed on Thursday. This print followed the previous week's 240,000 (revised from 239,000) and came in above the market expectation of 240,000.
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