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U.S. Jobless Claims Unexpectedly Rise For Second Straight Week

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

First-time claims for U.S. unemployment benefits unexpectedly increased in the week ended April 3rd, according to a report released by the Labor Department on Thursday.

The report said initial jobless claims edged up to 744,000, an increase of 16,000 from the previous week's revised level of 728,000.

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Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.