Today’s report has revealed an exciting decrease of 18,000 in the number of initial jobless claims in the United States for the week ending April 1. According to the US Department of Labor, seasonally adjusted data found the total number of claims had now dropped to an impressive 228,000.
In addition, the four-week moving average of claims decreased by a further 4,250, taking the total number down to 237,750. Although the labor market picture appears less certain due to the seasonal adjustments, this news is still extremely encouraging for anyone looking for work.