Not exact matches
U.S. indexes were mainly lower amid earnings reports from the American banking sector and data
showing a continuing decline in
jobless insurance
claims and tame inflation.
Other job - related data continue to
show signs of improvement with initial
jobless claims hovering near a new low of the recovery at the end of March.
The continuing drop in
jobless claims — considered a signal of future economic trends —
shows that the problem with today's job market isn't layoffs but rather the modest and unsteady hiring at companies.