Powell Said the Labor Market is Better Balanced Between Supply and Demand
- Initial claims for unemployment insurance edged down by 2,000 to 210,000 in the week ending March 23. The four-week moving average edged down by 1,000 to 211,000.
- Continuing claims rose by 24,000 to 1.807 million in the week ending March 16 and the four-week moving average rose by 4,000 to 1.803 million.