Economics
Jobless Claims in U.S. Decreased to 453,000 Last Week
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Applications for U.S. unemployment benefits decreased last week, a sign companies are cutting back on firings even as economic growth slows.
Initial jobless claims decreased by 16,000 to 453,000 in the week ended Sept. 25, lower than the median forecast of economists surveyed by Bloomberg News, Labor Department figures showed today in Washington. The total number of people receiving unemployment insurance and those getting extended payments fell.