U.S. jobless claims held near multi-decade lows last week as companies worked to keep employees on their payrolls amid ongoing labor shortages.
The Labor Department released its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here were the main metrics from the print compared to consensus estimates compiled by Bloomberg:
Initial jobless claims, week ended April 9: 185,000 vs. 170,000 expected and a revised 167,000 during prior week
Continuing claims, week ended April 2: 1.475 million vs. 1.500 million expected, 1.523 million during prior week.