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U.S. Weekly Jobless Claims Unexpectedly Edge Lower
(RTTNews) - A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended December 10th.
The Labor Department said initial jobless claims dipped to 211,000, a decrease of 20,000 from the previous week's revised level of 231,000
Economists had expected jobless claims to come in unchanged compared to the 230,000 originally reported for the previous week.
The report showed the less volatile four-week moving average also edged down to 227,250, a decrease of 3,000 from the previous week's revised average of 230,250.
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Fed Leaves Interest Rates Unchanged, Warns Of Higher Unemployment, Inflation.
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U.S. Trade Deficit Spikes To Record High In March As Import Surge
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The U.S. trade deficit spiked by much more than expected in the month of March, according to a report released by the Commerce Department on Tuesday.
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U.S. Services Index Unexpectedly Increases In April
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