Jobless Claims Data Shows Much Better Jobs Market
By wchung | 29 Apr, 2026
The tally of laid-off workers continuing to claim jobless benefits fell by the largest amount in almost a year, suggesting that more unemployed workers may be finding work.
At the same time, new claims for unemployment insurance dipped slightly for the third straight week.
The Labor Department says the total unemployment benefit rolls fell by 255,000 to a seasonally adjusted 4.5 million. It was the lowest total since December 2008. Analysts polled by Thomson Financial expected a much smaller drop.
The number of first-time claims fell by 3,000 to a seasonally adjusted 456,000. New claims have been stuck at 450,000 since the beginning of the year.
WASHINGTON (AP)
Recent Articles
- Musk Portrays Altman As Schemer Who Misled Him
- S. Korea Exports Seen Rising Sharply Again in April on Chip Boom
- House Democrats Urge Trump to Keep Ban on Chinese Cars
- China Tech Firms Scramble for Huawei AI Chips after DeepSeek V4 Launch
- US Orders Halt on Chip Equipment Shipments to China's No. 2 Chipmaker
- Spot Crude Premiums Ease Despite Hormuz Closure
- Trump Approval Sinks to New Low on Living-Cost Jump from Iran Adventure
- LG Electronics, Nvidia Mull Pact on Robots, AI data Centrer and Mobility
- Starbucks Shares Rise on Signs of Turnaround
- Robinhood Shares Fall as Crypto Slump Dents Trading Volume Growth
