Jobless Claims in U.S. Decreased 6,000 Last Week to 403,000
This article is for subscribers only.
The number of Americans filing applications for unemployment benefits declined last week to a level that shows little improvement in the labor market since the start of the year.
Jobless claims dropped by 6,000 to 403,000 in the week ended Oct. 15, Labor Department figures showed today in Washington. The median forecast in a Bloomberg News survey called for a drop to 400,000 applications. The four-week average fell to the lowest level since April.