9 years ago
U.S. jobless claims fall to eight-week low
The number of Americans filing new applications for unemployment benefits fell last week to the lowest level in eight weeks, suggesting the labor market continued to strengthen despite the recent tightening in financial market conditions. Initial claims for state unemployment benefits dropped 11,000 to a seasonally adjusted 264,000 for the week ended Sept. 12, the Labor Department said on Thursday. It was the 28th straight week that claims remained below the 300,000 threshold, which is usually...
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