Economics
Jobless Claims in U.S. Decreased More Than Forecast Last Week
- Streak below level indicating healthy job market hits 76 weeks
- Continuing claims at four-month high, still historically low
Deep Dive: Target Sales, Jobless Claims, R&D Spending
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Fewer Americans than forecast filed applications for unemployment benefits last week, indicating the U.S. job market remains healthy.
Jobless claims fell by 4,000 to 262,000 in the week ended Aug. 13, the fewest in a month, a Labor Department report showed Thursday in Washington. The median forecast of 42 economists surveyed by Bloomberg called for 265,000.