U.S. Weekly Jobless Claims Fall More Than Expected

First-time U.S. unemployment claims fell more than expected in the week ended April 11, indicating a modestly stronger labor market reading. The report is a routine economic data release and, on its own, is unlikely to have a major market impact.

Analysis

First-time U.S. unemployment claims fell more than expected in the week ended April 11, indicating a modestly stronger labor market reading. The report is a routine economic data release and, on its own, is unlikely to have a major market impact.