BLBG: Jobless Claims in U.S. Declined Less Than Forecast Last Week
Filings for U.S. unemployment benefits declined last week by less than forecast, while remaining at levels consistent with a solid labor market, a Labor Department report showed Thursday.
Key Points
Jobless claims decreased by 3,000 to 258,000 (forecast was 247,000) in the week ended March 25
The prior weekâs reading was unrevised at 261,000
The number of people continuing to receive jobless benefits increased by 65,000 to 2.05 million in the week ended March 18 (data reported with one-week lag)