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Jobless Claims Unexpectedly Jump to 744,000, Much Worse Than Expected

Drew Angerer/Getty Images

JOHN CARNEY

Breitbart

New weekly jobless claims rose to 744,000 for the week that ended April 3rd, the Department of Labor said Thursday.

Economists had forecast a decline to 680,000 from the previous week’s 719,000. This is the second consecutive week in which initial jobless claims moved up in contradiction to expectations. The upper end of the range of forecasts in the Econoday survey was 705,000

Click the link below to read the rest of this story.

https://www.breitbart.com/economy/2021/04/08/jobless-claims-unexpectedly-jump-to-744000-much-worse-than-expected/

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