US jobless claims drop faster
- Published: 9/09/2010 at 10:15 PM
- Online news:
The number of Americans filing new claims for jobless benefits fell faster than expected last week, extending a three-week decline, government data showed Thursday.
Claims for the week to September 4 fell to 451,000, down 27,000 from the previous week's revised figure, the Labor Department said.
The latest figure was better than most economists' expectations of 470,000 new claims, sparking optimism that recent negative trends were just a blip on the road to recovery.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.
About the author
- Writer: AFP News agency
- Position: Agence France-Presse
