Jobless Claims in U.S. Increased Less Than Forecast Last Week
- New filings for unemployment benefits rise by 3,000 to 267,000
- Initial applications have been below 300,000 since March
Job seekers in Dallas, Texas.
Photographer: Laura Buckman/BloombergThis article is for subscribers only.
Fewer Americans than forecast filed applications for unemployment benefits last week, a sign that a steady labor market will bolster U.S. growth.
Jobless claims rose by 3,000 to 267,000 in the week ended Sept. 19, a report from the Labor Department showed on Thursday. The median forecast of economists surveyed by Bloomberg called for 272,000. The four-week moving average, a less-volatile measure of job cuts, dropped to the lowest level in more than a month.