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09/10/2015 08:18

US initial jobless claims fall to near 42-year low

    The number of Americans filing new applications for jobless benefits dropped 13,000 to a seasonally adjusted 263,000 for the week ended 3 October, the Labor Department said.
  That was the lowest since mid-July when the number of claims was at its lowest since 1973.
  The four-week moving average of claims, considered a better measure of labor market trends as it irons out week-to-week volatility, fell 3,000 to 267,500.
  Continuing claims rose by 9,000 to 2.2 million in the week ended 26 September.

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