U.S. jobless claims fall 11,000 to 264,000, lowest since mid-July

WASHINGTON (MarketWatch) - New applications for U.S. unemployment benefits fell by 11,000 to 264,000 in the seven days ended Sept. 12. The latest report on initial claims shows the domestic economy remains resilient in face of a weaker global outlook. Economists surveyed by MarketWatch had forecast initial claims to remain steady at 275,000. This is the lowest level of claims since mid-July. That reading of 255,000 in the week ended July 18 was the lowest level of claims since September 1974. The average of new claims over the past month, meanwhile, edged down by 3,250 to a seasonally......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web http://ift.tt/1Lj02Mq
via IFTTT