New unemployment claims decline by 10,000

By Ben Rooney, staff reporter


NEW YORK (CNNMoney) -- The number of Americans filing first-time claims for unemployment benefits fell by 10,000 last week, while the overall jobless rolls also declined, according to a government report released Thursday.

There were 382,000 initial jobless claims filed in the week ended April 2, the Labor Department said. The figure was down from the previous week's revised 392,000.

Economists were expecting 386,000 initial claims in the latest report, according to consensus estimates gathered by Briefing.com.

Initial claims filings have been on the decline for several months, raising hopes that the recovery in the job market is gaining steam. The government said last week that the U.S. economy added 216,000 jobs in March, while the unemployment rate edged down to 8.8%.

In addition to the drop in initial claims, the number of Americans filing ongoing claims for unemployment benefits fell 9,000 to 3,723,000 in the week ended March 26, the most recent week available. To top of page

Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Index Last Change % Change
Dow 17,001.22 -38.27 -0.22%
Nasdaq 4,538.55 6.45 0.14%
S&P 500 1,988.40 -3.97 -0.20%
Treasuries 2.40 -0.00 -0.17%
Data as of 4:26pm ET
Company Price Change % Change
Bank of America Corp... 16.13 -0.03 -0.19%
Apple Inc 101.32 0.74 0.74%
Salesforce.com Inc 59.80 4.09 7.34%
General Electric Co 26.15 -0.28 -1.06%
Cisco Systems Inc 24.65 -0.24 -0.96%
Data as of 4:02pm ET

Sections

The Secret app is supposed to keep you anonymous. But until last week, it was possible to trace posts directly to you. More

Entrepreneurs are cashing in on the legal marijuana now available in the state. More

This month, Delaware became the first state to pass a law giving heirs the right to access the online accounts and assets of someone who has passed away. More

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.