First-time claims for U.S. unemployment benefits edged slightly lower in the week ended April 23rd. Initial jobless claims dipped to 180,000, a decrease of 5,000 from the previous weeks revised level of 185,000. Economists had expected jobless claims to slip to 180,000 from the 184,000 originally reported for the previous week. A reading on the number of people receiving ongoing unemployment assistance, edged down by 1,000 to 1.408 million in the week ended April 16th.
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