US initial jobless claims fell more than expected last week

Ani Salama FXStreet

Initial claims for unemployment benefits in the United States fell by 4,000 to a seasonally adjusted 262,000 in the week ended Aug 13, the Labor Department said Thursday. Analysts had expected a smaller decrease to 265,000.

Continuing jobless claims rose by 15,000 to 2.175 million in the week ended Aug 6, above the 2.140 million expected.

Author

Ani Salama

FXStreet

Ani Salama is an Economist specialized in financial markets and statistics analysis. In 2010, she joined FXstreet where she now contributes with the news section.

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