Intitial Jobless Claims Drop 10,000 for Week

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he number of workers filing initial unemployment claims fell by 10,000 last week to 302,000 last week, the Labor Department reported Thursday.

That was below economists’ predictions of a rise to 305,000 new claims, Bloomberg reported.

The four-week moving average of claims, a less volatile measure, fell to 310,750 from 312,250.

ontinuing jobless claims for the previous week ended March 18 rose to 2.483 million from 2.463 million a week prior to that.