US initial jobless claims dropped -2k to 184k in the week ending April 16, above expectation of 177k. Four-week moving average of initial claims rose 4.5k to 177k.
Continuing claims dropped -58k to 1417k in the week ending April 9, lowest since February 21, 1970. Four-week moving average of continuing claims dropped -31k to 1482k, lowest since March 21, 1970.
