Jobless Claims in U.S. Hover Near Lowest in Four Decades
The Jobless Numbers Aren't Just Good, They're Great
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Filings for U.S. unemployment benefits are hovering near the lowest levels in four decades, a sign the strong labor market will bolster U.S. growth.
Jobless claims rose by 3,000 to 270,000 in the week ended August 1, a report from the Labor Department showed on Thursday in Washington. The median forecast of 41 economists surveyed by Bloomberg called for 272,000. The 255,000 reading two weeks earlier was the lowest since November 1973.