U.S. New Jobless Claims Decline to 13-Month Low

New initial jobless claims in the United States declined to their lowest level in 13 months last week, data showed on Thursday.

The number of U.S. citizens who applied for unemployment benefits declined by 39,000 to a seasonally adjusted level of 547,000 in the week ended April 17.

This is the lowest level for new jobless claims since mid-March 2020, according to data by the U.S. Department of Labor.