Jobless Claims in U.S. Decline to Lowest Level in Seven Weeks

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Filings for U.S. unemployment benefits unexpectedly dropped to the lowest level in seven weeks, showing employers have little appetite to fire workers.

Jobless claims fell by 4,000 to 259,000 in the week ended Sept. 3, a Labor Department report showed Thursday in Washington. The median estimate of 43 economists surveyed by Bloomberg called for 265,000.