Initial claims for U.S. unemployment benefits unexpectedly came in unchanged in the week ended August 25th, according to a report released by the Labor Department on Thursday.
The report showed that initial jobless claims came in at 374,000, unchanged compared to the previous week's revised figure.
Economists had expected jobless claims to edge down to 370,000 from the 372,000 originally reported for the previous week.
by RTT Staff Writer
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