U.S. Weekly Jobless Claims Drop More Than Expected
(RTTNews) - First-time claims for U.S. unemployment benefits fell by more than anticipated in the week ended October 7th, according to a report released by the Labor Department on Thursday.
The report said initial jobless claims dropped to 243,000, a decrease of 15,000 from the previous week's revised level of 258,000.
Economists had expected jobless claims to dip to 251,000 from the 260,000 originally reported for the previous week.
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