Number of People Applying for Unemployment Benefits for the First Time in the United States is Lower than Expectations

The number of people applying for unemployment benefits for the first time in the United States stood at 195,000, lower than expected number 195,000 and the previous number of 192,000. As of February 18, the number of initial jobless claims was 1.66 million in the US, which was expected to be 1.67 million, and the previous reading was 16.5 million.