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The U.S. Labor Department released its jobless claims figures on Thursday. The number of initial jobless claims in the week ending April 02 in the U.S. decreased by 9,000 to 267,000 from 276,000 in the previous week. Analysts had expected jobless claims to decline to 270,000.
Jobless claims remained below 300,000 the 57th straight week. This threshold is associated with the strengthening of the labour market.
Continuing jobless claims increased by 19,000 to 2,191,000 in the week ended March 26.
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