U.S. Initial Claims Rise 17k to 372k, Continuing Claims Gain

U.S. initial jobless claims came in lower than expected in the week
ending April 12 with a total of 372K seasonally adjusted claims filed,
representing a 4.8% rise from the week before, the Department of Labor
reported Thursday. Forecasts were looking for a total of 375k claims. The
previous week’s figure was revised downward to 355k from 357k.

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