March jobless claims hold near 213,000 as labor market stays sluggish but stable

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Source: MarketWatch
March jobless claims hold near 213,000 as labor market stays sluggish but stable
Photo: MarketWatch
TL;DR

First-time unemployment claims held at 213,000 in the latest week, marking a third straight week with little change and suggesting a sluggish but generally stable labor market. Continuing claims fell to 1.85 million, and economists had expected a rise to 215,000, easing concerns prompted by February’s payroll weakness.

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