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MNI DATA BRIEF: U.S. Jobless Claims Fall to 364,000

(MNI) WASHINGTON
WASHINGTON (MNI)

U.S. jobless claims dropped by 51,000 in the latest week to 364,000, a sign of gradually improving labor market conditions as the economy recovers from the Covid recession, the Bureau of Labor Statistics said Thursday.

Richmond Fed President Thomas Barkin told MNI in a webcast this week he wants to see further gains in the employment-to-population ratio before declaring substantial further progress on the Fed's employment mandate.

MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com
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MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com
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