Keyword → PCE index

Weekly Jobless Claims Rise to 219,000, Signaling Early Labor Market Softening

The U.S. Department of Labor reported Thursday that seasonally adjusted initial jobless claims rose by 16,000 in the week ending April 4, reaching 219,000 — above analyst expectations — while the four-week moving average ticked higher, offering early evidence that the energy-driven economic disruption may be beginning to filter into the labor market.