U.S. Weekly Jobless Claims Unchanged At 212,000

RTTNews | 13 days ago
U.S. Weekly Jobless Claims Unchanged At 212,000

(RTTNews) - First-time claims for U.S. unemployment benefits remained flat in the week ended April 13th, according to a report released by the Labor Department on Thursday.

The report said initial jobless claims came in at 212,000, unchanged from the previous week's revised level. Economists had expected jobless claims to rise to 215,000 from the 211,000 originally reported for the previous week.

The Labor Department said the less volatile four-week moving average also came in unchanged from the previous week's revised average at 214,500.

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U.S. Construction Spending Unexpectedly Edges Slightly Lower In March

U.S. Construction Spending Unexpectedly Edges Slightly Lower In March

Reflecting a decrease in spending on private construction, the Commerce Department released a report on Wednesday showing U.S. construction spending unexpectedly edged slightly lower in the month of March. The report said construction spending dipped by 0.2 percent to an annual rate of $2.084 trillion in March, while economists had expected construction spending to rise by 0.3 percent.
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RTTNews | 1 day ago