U.S. Jobless Claims Rebounded Last Week From Four-Decade Low
What the Monthly Jobs Report Means for the Fed
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Applications for U.S. jobless benefits rebounded last week from a 44-year low, returning to a range that still shows strength in the labor market.
Jobless claims rose by 20,000 to 243,000 in the week ended March 4, a report from the Labor Department showed Thursday. The figures, which are in line with this year’s average, are a mirror image of the previous week, when filings fell by 19,000 to 223,000.