Jobless Claims in U.S. Fell by 12,000 to 409,000 Last Week
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Applications for U.S. unemployment benefits fell last week as the influence of the strike at Verizon Communications Inc. waned.
Jobless claims fell by 12,000 to 409,000 in the week ended Aug. 27, Labor Department figures showed today in Washington. Economists surveyed by Bloomberg News projected a drop to 410,000, according to the median forecast. The figure remains higher than it was three weeks earlier, before the labor dispute at Verizon pushed the numbers up.