Economists tend to analyze the average number of claims over a four-week period as a more accurate indicator of the Unemployment Climate. That figure also fell this month. Roughly, 3.3 million people filed for their second week of Unemployment Benefits in the week that ended on March 24th. According to the Economists, that is a decline of about 16,000 claims from the previous week.
The Labor Department releases its March Jobs Report today. Economists predict it will show that employers added more than 200,000 jobs for the fourth month in a row. However, the unemployment rate is expected to hold steady at 8.3 percent.