Weekly Jobless Claims Drop, Job Market Healing

jobs report unemployment rate
jobs report unemployment rate




WASHINGTON -- The number of Americans filing new claims for unemployment benefits fell last week, giving a clearer sign that the labor market is healing after wild fluctuations in claims data at the beginning of the month.

Initial claims for state unemployment benefits dropped 23,000 to a seasonally adjusted 369,000, the Labor Department said on Thursday.

The prior week's figure was revised slightly higher to show 4,000 more applications than previously reported.