First-time claims for U.S. unemployment benefits fell by much more than expected in the week ended February 14th, according to a report released by the Labor Department on Thursday.
The report said initial jobless claims slid to 206,000, a decrease of 23,000 from the previous week's revised level of 229,000.
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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.