210,000 Americans filed new unemployment claims, a decrease of 2,000, indicating strong job growth in March.
The number of Americans filing new claims for unemployment benefits fell unexpectedly by 2,000 to 210,000 last week, according to the Labor Department, suggesting that job growth remained strong in March. The Federal Reserve left its policy rate unchanged, but policymakers indicated they still expected to trim it by three-quarters of a percentage point by the end of the year.
March 21, 2024
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