Jobless Claims Fall By More Than Expected to 214,000
New applications for state unemployment benefits fell 9,000 to a seasonally adjusted 214,000, the Labor Department said Thursday.
New applications for state unemployment benefits fell 9,000 to a seasonally adjusted 214,000, the Labor Department said Thursday.
The U.S. labor market displays surprising strength going into the holiday season.
Jobless claims fell to a seasonally adjusted 209,000 for the week ended August 17, suggesting recession fears are overblown.
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Continuing claims, a measure of pain in the economy, also fell. Despite lots of talk about tariffs, there are noRead More
Jobless claims came in much higher than expected.