Jobless Claims in U.S. Decline to Lowest Level in Two Months

From bloomberg.com

Initial jobless claims in the U.S. declined last week to the lowest level in two months, highlighting a resilient labor market. Applications for unemployment benefits decreased by 11,000 to 264,000 in the week ended Sept. 12, a Labor Department report showed Thursday in Washington. The survey period included the Labor Day holiday. The median forecast of economists surveyed by Bloomberg projected claims would hold at 275,000. Employers are holding back on dismissals as the economy forges ahead against the headwinds of slowing global markets. Greater opportunities in the labor market will help give consumers the ... (full story)