Initial Jobless Claims Dip

In the week ending March 20, 442,000 Americans filed claims for unemployment insurance coverage for the first time, according to the U.S. Department of Labor.

That’s a decrease of 14,000 from the previous week’s revised figure of 456,000. The 4-week moving average was 453,750, a decrease of 11,000 from the previous week.

The advance seasonally adjusted insured unemployment rate was 3.6 percent for the week ending March 13, unchanged from the prior week’s rate.

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