U.S. Jobless Claims Down from Spike, but Trend is Still Up, Economists Say

First-time claims for jobless benefits in the United States declined after hitting a two-and-a-half year high last week, the Department of Labor reported Thursday. U.S. initial jobless claims came in lower-than-expected in the week ending April 5. A total of 357K initial jobless claims were filed; forecasts were looking for a ...