The number of Americans filing new claims for unemployment benefits unexpectedly fell last week to a near four-year low, suggesting the labor market recovery was gaining steam. Initial claims for state unemployment benefits dropped 13,000 to a seasonally adjusted 348,000, the Labor Department said, the lowest level since March 2008. Economists polled by Reuters had forecast claims rising to 365,000. The four-week moving average for new claims, seen as a better measure of labor market trends, fell 1,750 to 365,250 - the lowest since April 2008. Read more: Jobless claims drop to near 4-year low
Pop-upView Separately

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week to a near four-year low, suggesting the labor market recovery was gaining steam.

Initial claims for state unemployment benefits dropped 13,000 to a seasonally adjusted 348,000, the Labor Department said, the lowest level since March 2008.

Economists polled by Reuters had forecast claims rising to 365,000. The four-week moving average for new claims, seen as a better measure of labor market trends, fell 1,750 to 365,250 - the lowest since April 2008.

Read more: Jobless claims drop to near 4-year low

25 Notes/ Hide

  1. azukka reblogged this from truth-has-a-liberal-bias
  2. titpinions reblogged this from reagan-was-a-horrible-president
  3. thepoliticalfreakshow reblogged this from reagan-was-a-horrible-president
  4. browngurlwfro reblogged this from reagan-was-a-horrible-president
  5. reagan-was-a-horrible-president reblogged this from truth-has-a-liberal-bias
  6. politicsonaseriousnote reblogged this from hairtrending
  7. hairtrending reblogged this from truth-has-a-liberal-bias
  8. hurpaderp reblogged this from truth-has-a-liberal-bias
  9. truth-has-a-liberal-bias reblogged this from reuters
  10. mynameismarilei reblogged this from reuters
  11. fastforwardpauseplay reblogged this from reuters
  12. reuters posted this