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U.S. Weekly Jobless Claims Decrease Much More Than Expected

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

First-time claims for U.S. unemployment benefits fell by much more than expected in the week ended February 14th, according to a report released by the Labor Department on Thursday.

The report said initial jobless claims slid to 206,000, a decrease of 23,000 from the previous week's revised level of 229,000.

Economists had expected jobless claims to slip to 225,000 from the 227,000 originally reported for the previous week.

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