U.S. Weekly Jobless Claims Unexpectedly Drop To 284,000

U.S. Weekly Jobless Claims Unexpectedly Drop To 284,000

After reporting a sharp jump in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing an unexpected pullback in initial jobless claims in the week ended September 9th.

The report said initial jobless claims fell to 284,000, a decrease of 14,000 from the previous week's unrevised level of 298,000. The drop surprised economists, who had expected jobless claims to inch up to 300,000.

SOURCE

Leave a Reply