Economic Buzz: U.S. Initial Jobless Claims And Continuing Jobless Claims Tumble

The U.S. Department of Labor said that the advance figure for seasonally adjusted initial claims was 346,000 for the week ending April 6, a decrease of 42,000 from the previous weeks revised figure of 388,000.
The advance number for seasonally adjusted insured unemployment during the week ending March 30 was 3,079,000, a decrease of 12,000 from the preceding weeks revised level of 3,091,000. The 4-week moving average was 3,079,250, an increase of 5,250 from the preceding weeks revised average of 3,074,000.
Source by Commodity Insights