Jobs
US Jobless Claims Decline for a Third Week to a Two-Month Low
- Filings unexpectedly fall to 232,000 in week ended Aug. 27
- Most states posted decreases, led by Connecticut and Missouri
This article is for subscribers only.
Applications for US unemployment insurance fell for a third week to a two-month low, suggesting healthy demand for labor even as economic growth moderates.
Initial unemployment claims decreased by 5,000 to 232,000 in the week ended Aug. 27, Labor Department data showed Thursday. The median estimate in a Bloomberg survey of economists called for 248,000 new applications.