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U.S. Weekly Jobless Claims Fall More Than Expected

TedTed
in The Bullpen
FYI: The number of Americans filing applications for unemployment benefits fell sharply last week, suggesting the labor market was holding firm despite a manufacturing slowdown and concerns the economy is on a path toward recession.

Initial claims for state unemployment benefits dropped 12,000 to a seasonally adjusted 209,000 for the week ended Aug. 17, the Labor Department said on Thursday. Data for the prior week was revised to show 1,000 more applications received than previously reported.
Regards,
Ted
https://www.reuters.com/article/us-usa-economy-unemployment/u-s-weekly-jobless-claims-fall-more-than-expected-idUSKCN1VC1EY?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+reuters/businessNews+(Business+News)
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