Claims for jobless benefits unexpectedly dropped last week to the
lowest level in almost six years, signaling the U.S. job market
continues to mend.
The number of applications
for unemployment insurance payments declined by 15,000 to 320,000 in
the week ended Aug. 10, the fewest since October 2007, from a revised
335,000, a Labor Department report showed today in Washington. The median forecast of 44 economists surveyed by Bloomberg called for 335,000. There was nothing unusual in...Read more
