Jobless Claims in U.S. Fall as Companies Add Staff: Economy
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Claims for unemployment benefits fell to the lowest level in a month and American companies added more workers than forecast, easing concern the labor market may be stagnating.
Jobless claims decreased by 12,000 to 365,000 in the week ended Sept. 1, the Labor Department reported today in Washington. Private employers expanded payrolls by 201,000 in August, according to figures from Roseland, New Jersey-based ADP Employer Services, exceeding the 140,000 median gain forecast by economists in a Bloomberg survey.