logo
Plus   Neg
Share
Email

U.S. Weekly Jobless Claims Drop Less Than Expected

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits fell less than expected in the week ended September 12th.

The Labor Department said initial jobless claims slipped to 860,000, a decrease of 33,000 from the previous week's revised level of 893,000.

Economists had expected jobless claims to dip to 850,000 from the 884,000 originally reported for the previous week.

The Labor Department said the less volatile four-week moving average fell to 912,000, a decrease of 61,000 from the previous week's revised average of 973,000.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT