First-time claims for unemployment benefits fell by 8,000 last week as the number of newly-jobless Americans continued to hold at pre-recession levels.
Seasonally adjusted initial claims were 287,000, down from the previous week's total of 295,000, the Labor Department said Thursday.
The four-week moving average, which smooths out weekly volatility, was 294,750, a decrease of 4,250 from the previous week's revised average. The previous week's average was revised up by 500 from 298,500 to 299,000.
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Posted by Unknown on Thursday, October 2, 2014 - Rating: 4.5
Thank You for Visiting Weekly jobless claims trending at 2006 levels.
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