US Weekly New Unemployment Claims at 744,000... Exceed Expectations (Breaking News)

[Asia Economy Reporter Kim Suhwan] On the 8th (local time), the U.S. Department of Labor announced that the number of new unemployment benefit claims for the past week (March 28 to April 3) was recorded at 744,000, exceeding the market forecast of 680,000.

The number of new unemployment benefit claims has been fluctuating between 600,000 and 700,000 since last month. After being recorded at 781,000 in mid-March, it dropped back to the 600,000 range but soon rose again above 700,000.