US Initial Jobless Claims Fall Unexpectedly in Week Ended March 28
BY MT Newswires | ECONOMIC | 08:36 AM EDT08:36 AM EDT, 04/02/2026 (MT Newswires) -- US initial jobless claims fell to a level of 202,000 in the week ended March 28 from a upwardly revised 211,000 level in the previous week, compared with expectations for a increase to 212,000 in survey of analysts compiled by Bloomberg.
The four-week moving average decreased by 3,000 to 207,750 after holding steady at a level of 210,750 in the previous week.
Insured jobless claims rose by 25,000 to 1,841,000 in the week ended March 21.
The weekly initial jobless claims data released by the US Labor Department measures filings for unemployment insurance benefits. Initial filings are reported through the previous Saturday, while those already on benefits are measured with a one-week lag.
A decrease in claims suggests a stronger labor market, a positive for the US economy and stocks, but a negative for bonds as it suggests wage growth that could lead to inflation.
MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
Print
