US jobless claims fall in March

first_img Read This NextWATCH: Shohei Ohtani continues home run tear, Los Angeles Angels winSportsnautYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof US jobless claims fall in March alison.lock Tags: NULL The number of Americans claiming jobless benefits fell last week and factory employment in the US Midwest hit a 27-year high in March.Initial claims for state unemployment benefits slipped 6,000 to a seasonally adjusted 388,000 the Labor Department has said, before the government releases the more closely watched US payrolls data tomorrow.Separately, the Institute for Supply Management-Chicago’s employment index hit the highest level since December 1983, jumping to 65.6 in March from just under 60 the month before.Its overall business barometer dipped to 70.6 from 71.2 in February but remained in expansion mode.The government revised the claims series back to 2006 to account for new seasonal factors and showed slightly higher claims for recent prior weeks than previously estimated.Still, the downward shift remained intact and economists said the revisions did not change their views that the labour market was firming.“The trend is still clearly downwards. There is every reason to expect that to continue as the return of bank credit to small businesses allows them to hold onto people who might otherwise have been laid off,” said Ian Shepherdson, chief US economist at High Frequency Economics in Valhalla, New York. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailBrake For ItThe Most Worthless Cars Ever MadeBrake For ItSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesDrivepedia20 Of The Most Underrated Vintage CarsDrivepediamoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald Sharecenter_img whatsapp whatsapp Show Comments ▼ Thursday 31 March 2011 11:06 amlast_img read more