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Jobless claims fall by 18,000
Initial claims for unemployment insurance come in below estimates.
April 29, 2004: 9:18 AM EDT

NEW YORK (CNN/Money) - The number of Americans filing for unemployment assistance fell by 18,000 last week, the government reported Thursday, coming in below economists' estimates.

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Initial claims for unemployment insurance fell to 338,000 in the week ended April 24, down from a revised 356,000 the previous week, the U.S. Labor Department reported. Economists expected jobless claims to come in at 343,000, according to Briefing.com.

The four-week average of initial claims, which irons out weekly fluctuations, slipped to 346,500 last week from a revised 347,750 the prior week.

The Labor Department said the overall number of people on the benefit rolls who had already received an initial week of aid climbed to 3,013,000 from a revised 3,010,000 the previous week.  Top of page




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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.