First-time claims for U.S. unemployment benefits unexpectedly declined in the week ended April 22nd, according to a report released by the Labor Department on Thursday.
The report said initial jobless claims dipped to 230,000, a decrease of 16,000 from the previous week's revised level of 246,000.
Economists had expected jobless claims to inch up to 248,000 from the 245,000 originally reported for the previous week.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.