Jobless Claims in U.S. Little Changed as Firings Dwindle
This article is for subscribers only.
Applications for unemployment benefits in the U.S. were little changed last week as an improving economy prompted businesses to retain staff.
Jobless claims rose by 4,000 to 302,000 in the week ended Aug. 30, a Labor Department report showed today in Washington. The median forecast of 49 economists surveyed by Bloomberg called for 300,000. The total number of people on benefit rolls fell to the lowest level in more than seven years.