US jobless claims fall, snapping 3 weeks of rises | Bangkok Post: news

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US jobless claims fall, snapping 3 weeks of rises

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New claims for US unemployment benefits fell more than expected last week, partly erasing the increases of the prior three weeks, Labor Department data released Thursday showed. 

A 'Now Hiring' sign at a Home Depot store in San Rafael, California on March 8, 2013. New claims for US unemployment benefits fell more than expected last week, partly erasing the increases of the prior three weeks, Labor Department data released Thursday showed.

Initial jobless claims, an indicator of the pace of layoffs, dropped 11 percent to a seasonally adjusted 346,000 in the week ending April 6, according to the data.

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