Financial News: U.S. Weekly Jobless Claims Unexpectedly Dip To Two-Month

U.S. Weekly Jobless Claims Unexpectedly Dip To Two-Month Low

04/17/2025 - 10:18:00 (RTTNews)

(RTTNews) - First-time claims for U.S. unemployment benefits unexpectedly saw a modest decrease in the week ended April 12th, according to a report released by the Labor Department on Thursday.

The report said initial jobless claims slipped to 215,000, a decrease of 9,000 from the previous week's revised level of 224,000.

Economists had expected initial jobless claims to inch up to 225,000 from the 223,000 originally reported for the previous week.

With the unexpected dip, jobless claims dropped to their lowest level since matching level in the week ended February 8th.

The Labor Department said the less volatile four-week moving average also edged down to 220,750, a decrease of 2,500 from the previous week's revised average of 223,250.

Meanwhile, the report said continuing claims, a reading on the number of people receiving ongoing unemployment assistance, climbed by 41,000 to 1.885 million in the week ended April 5th.

The four-week moving average of continuing claims also inched up to 1,867,250, an increase of 1,000 from the previous week's revised average of 1,866,250.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Australia Rate Decision Due On Tuesday (02 hr(s), 44 min(s), 59 sec(s) ago)
(RTTNews) - The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and ...Full Story»

U.S. Leading Economic Index Slumps More Than Expected In April (10 hr(s), 33 min(s), 59 sec(s) ago)
(RTTNews) - The Conference Board released a report on Monday showing its reading on leading U.S. e ...Full Story»

Eurozone Growth Outlook Downgraded; Disinflation To Proceed More Swiftly: EU (11 hr(s), 41 min(s), 59 sec(s) ago)
(RTTNews) - Eurozone economic growth outlook was downgraded substantially for 2025 due to the impa ...Full Story»

Malta HICP Inflation Rises To 2.6% (12 hr(s), 16 min(s), 59 sec(s) ago)
(RTTNews) - Malta's EU measure of inflation accelerated further in April to the highest level ...Full Story»

Eurozone Inflation Steady At 2.2% (15 hr(s), 06 min(s), 59 sec(s) ago)
(RTTNews) - Eurozone consumer prices logged a steady growth in April, final data from Eurostat sho ...Full Story»

Spain Trade Gap Widens In March (15 hr(s), 36 min(s), 59 sec(s) ago)
(RTTNews) - Spain's foreign trade deficit increased notably in March from a year ago, as impor ...Full Story»

Slovakia HICP Inflation Eases To 3.9% (16 hr(s), 27 min(s), 59 sec(s) ago)
(RTTNews) - Slovakia's EU measure of inflation eased in April to the lowest level in four mont ...Full Story»

Austria Inflation Confirmed At 3.1% (16 hr(s), 58 min(s), 59 sec(s) ago)
(RTTNews) - Austria's consumer price inflation rose slightly as initially estimated in April, ...Full Story»