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The former all-rounder has returned to cricket during the past year after a horrific car crash at the end of 2022
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US jobless claims fell 5,000 last week
WASHINGTON - The number of Americans filing new claims for jobless benefits unexpectedly fell 5,000 last week, government data showed on Thursday, while a more reliable barometer of labor trends fell to its lowest in more than a year
Initial filings for state unemployment insurance aid fell for the fifth straight week to the lowest level since mid-January, dropping to a seasonally adjusted 293,000 in the week ended May 12 from a revised 298,000 for the previous week, the Labour Department said.
A department analyst said there were no special factors behind the drop in new claims.
Analysts on Wall Street had expected claims, which provide a rough guide to the pace of layoffs, to rise to 310,000 from the 297,000 initially reported for the May 5 week.
A four-week moving average of claims, which smooths weekly volatility to provide a better sense of underlying job-market trends, fell for the third consecutive week, dropping to 305,500 from 317,500 in the prior week and to its lowest since April, 2006.
The total number of unemployed still on the benefit rolls after drawing an initial week of aid fell to 2.47 million in the week ended May 5, the latest period for which figures are available. Economists had forecast so-called continued claims at 2.53 million.
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