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US weekly jobless claims 227,000, down 5,000 wk/wk
Expectations were for 231,000 new claims (Il Sole 24 Ore Radiocor) - Washington, 05 Sep - The number of Americans filing for unemployment benefits for the first time in the week ended August 31 fell by 5,000 from the previous week's revised figure to a seasonally adjusted figure of 227,000, the US Labor Department said.
Expectations were for 231,000 new weekly claims. The four-week moving average, a more reliable indicator, showed claims were down 1,750 from the previous week's revised average to 230,000.
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(RADIOCOR) 05-09-24 14:50:19 (0391) 5 NNNN