U.S. Jobless Claims Rise–continuing Claims Lowest Since 2007
The number of Americans filing new claims for unemployment benefits rose a bit more than expected last week, but remained at levels consistent with tightening labor market conditions. The Labor Department said on Thursday that initial claims for state unemployment benefits increased 4,000, to a seasonally adjusted 302,000 for the week ended Aug. 30th. The claims report has no bearing on August’s employment report, as it falls outside the survey period.
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