Jobless Claims Week 13 2015


ECONODAY: Initial jobless claims did fall sharply in the March 21 week but today's report isn't likely to raise expectations for the March employment report. Initial claims fell 9,000 in the week to 282,000, in turn driving down the 4-week average by a sizable 7,750 to a 297,000 level that, however, is still slightly higher than the month-ago comparison. Note that the sampling for the monthly March employment report was done in the prior week, the March 14 week, and sample-week to sample-week readings in that report between March and February were not favorable...