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New claims for unemployment benefits moved down slightly last week but remained elevated, indicating the labor market still is weak.
Initial jobless claims fell by 6,000 to a seasonally adjusted 403,000 the week ended Oct. 15, the Labor Department said Thursday. Claims filed in the previous week increased by 4,000 to an upwardly revised 409,000.
The number of new claims last week remained above the 400,000
read more Jobless Claims Essentially Unchanged - WSJ.com
Initial jobless claims fell by 6,000 to a seasonally adjusted 403,000 the week ended Oct. 15, the Labor Department said Thursday. Claims filed in the previous week increased by 4,000 to an upwardly revised 409,000.
The number of new claims last week remained above the 400,000
read more Jobless Claims Essentially Unchanged - WSJ.com