18.08.2016 14:38:26

U.S. Weekly Jobless Claims Show Modest Decrease

(RTTNews) - After reporting a slight drop in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing another modest decrease in initial jobless claims in the week ended August 13th.

The report said initial jobless claims edged down to 262,000, a decrease of 4,000 from the previous week's unrevised level of 266,000. Economists had expected jobless claims to dip to 265,000.