Initial jobless claims fell less than expected
Advertisement
Reuters/Jason Reed
Advertisement
The reading came in 258,000, slightly higher than economists' forecast of 256,000.
Last week claims came in at 260,000.
This is the 86th consecutive week that claims have been below 300,000 - the longest streak since 1970.
Meanwhile, yhe 4-week moving average was 253,000, a slight uptick of 1,000 from the previous week's revised average.
Advertisement
Advertisement
- Tesla tells some laid-off employees their separation agreements are canceled and new ones are on the way
- Taylor Swift's 'The Tortured Poets Department' is the messiest, horniest, and funniest album she's ever made
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- The Future of Gaming Technology
- Stock markets stage strong rebound after 4 days of slump; Sensex rallies 599 pts
- Sustainable Transportation Alternatives
- 10 Foods you should avoid eating when in stress
- 8 Lesser-known places to visit near Nainital