As the closely watched monthly jobs report looms, the Labor Department released a separate report on Thursday showing first-time claims for U.S. unemployment benefits rebounded by more than expected in the week ended October 1st.
The report said initial jobless claims climbed to 219,000, an increase of 29,000 from the previous week's revised level of 190,000.
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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.