U.S. Jobless Claims Are Near Decade Lows
What Do Jobless Claims Mean to the U.S. Economy?
This article is for subscribers only.
The number of Americans filing applications for unemployment benefits rose last week, maintaining a pattern of gains and losses around decade lows that signals firings remain muted.
Jobless claims climbed by 10,000 to 277,000 in the week ended Sept. 26, a report from the Labor Department showed Thursday. The median forecast of 48 economists surveyed by Bloomberg called for 271,000. The four-week moving average fell to the lowest level in almost two months and the total number of people receiving benefits was the smallest in 15 years.