First-time claims for U.S. unemployment benefits pulled back by more than expected in the week ended March 11th, according to a report released by the Labor Department on Thursday.
The report said initial jobless claims fell to 192,000, a decrease of 20,000 from the previous week's revised level of 212,000.
Economists had expected jobless claims to slip to 205,000 from the 211,000 originally reported for the previous week.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.