With the more closely watched monthly jobs report looming, the Labor Department released a report on Thursday unexpectedly showing a slight decrease in first-time claims for U.S. unemployment benefits in the week ended August 26th.
The report said initial jobless claims edged down to 228,000, a decrease of 4,000 from the previous week's revised level of 232,000.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.