WASHINGTON — Initial jobless claims fell 11,000 to 448,000 in the week ending April 24, the second straight weekly decline and lowest number of claims in four weeks, the Labor Department reported yesterday.
Continuing claims declined to 4.645 million in the week ending April 17. Continuing claims have fallen in three of the last four weeks.
Economists expected 445,000 initial claims and 4.610 million continuing claims.
Initial claims for the week ending April 17 were revised to 459,000. Continuing claims were revised to 4.663 million for the week ending April 10.