More Americans Than Projected Filed Jobless Claims Last Week
By Timothy R. Homan
More Americans than forecast filed applications for unemployment benefits last week, a sign that the labor market is taking time to improve. Jobless claims fell by 1,000 to 388,000 in the week ended April 21 from a revised 389,000 the prior period that was the highest since early January, Labor Department figures showed today in Washington. The median forecast of 48 economists surveyed by Bloomberg News called for a drop to 375,000.
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