Weekly US jobless claims dip, secondary filings continue to shrink
By Alexander Bueso
Date: Thursday 07 Mar 2019
(Sharecast News) - Initial unemployment claims in the US dipped last week, alongside a further decline in the number of people in longer-term unemployment.
During the week ending on 2 March, jobless claims slipped by 3,000 to 223,000, according to the Department of Labor.
Economists had been expecting an unchanged reading of 225,000.
The four-week moving average meanwhile was down by 3,000 to 226,250.
Secondary unemployment claims meanwhile, those which are not filed for the first time and referencing the week ending on 23 February, fell by 50,000 to 1.755m.
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