Weekly Jobless Claims Hit 2014,000, The Lowest Since Early 2022
Weekly jobless claims fell short of the 220,000 Dow Jones estimate and are down 15,000 from the previous week. The result means that the U.S. job market is tightening and represents the lowest number since the beginning of this year. Weekly Jobless Claims DropAs reported by CNBC, the job market is edging closer to full employment —amid a 3.8% jobless rate— as new filings for unemployment insurance hit 214,000 for the week ended March 12. Q4 2021 hedge fund letters, conferences and more “The four-week moving average, which accounts for weekly volatility in the numbers, also declined, falling 8,...