New Unemployment Insurance Claims for The Week of April 16, 2016

Earlier today, the Labor Department released its weekly report on New Jobless Insurance Claims for the week that ended on April 16, 2016:

Predicted: 265,000
Actual: 247,000

The highlighted figure represents the number of first-time claims for unemployment benefits for the entire United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

• Last Week: 253,000 (unrevised.)
  
  
• 4-Week Moving Average: 260,500

From today's report:

"...This is the lowest level for initial claims since November 24, 1973 when it was 233,000..."

Click here to view the full Labor Department report.