The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits unexpectedly fell to a three-year low in the week ended November 29th.
The report said initial jobless claims slid to 191,000, a decrease of 27,000 from the previous week's revised level of 218,000.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.