Initial Jobless Claims Drop 2,000 for Week

Click here to write a Letter to the Editor.

irst-time unemployment claims fell by 2,000 to 313,000 last week, the Labor Department reported Thursday.

The level was slightly below economists’ forecast of a rise to 315,000, Bloomberg reported.

The four-week moving average of claims, a less volatile measure, fell to 308,500 from 306,000 a week earlier.



Continuing jobless claims for the previous week ended June 24 rose to 2.455 million from 2.403 million a week earlier.

15685

Â