Fewer Americans file for jobless benefits last week as labor market continues to show strength

The fig of Americans seeking unemployment benefits fell modestly past week, remaining wrong the aforesaid scope of caller years.

Jobless assertion filings fell by 6,000 to 219,000 for the week ending March 29, the Labor Department said Thursday. That’s little than the 226,000 caller applications analysts forecast.

Weekly applications for jobless benefits are considered a proxy for layoffs, and person remained mostly successful a scope betwixt 200,000 and 250,000 for the past fewer years.

The four-week mean of applications, which aims to creaseless retired immoderate of the week-to-week swings, fell by 1,250 to 223,000.

The full fig of Americans receiving unemployment benefits for the week of March 22 accrued by 56,000 to 1.9 million.

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