After reporting first-time claims for U.S. unemployment benefits at a nearly fifty-year low in the previous week, the Labor Department released a report on Thursday showing initial jobless claims rebounded by more than anticipated in the week ended April 20.
The report said initial jobless claims climbed to 230,000, an increase of 37,000 from the previous week's revised level of 193,000.
Economists had expected jobless claims to rise to 200,000 from the 192,000 originally reported for the previous week.
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Forex News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.