Figures released Thursday by the Labor Department show initial claims for the week ending Aug. 3 fell by 17,000 to 233,000, below the 240,000 estimate by Refinitiv economists.
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Jobless claims drop more than expected to 233,000
August 08, 2024 at 08:35 AM EDT
The Labor Department on Thursday released new data about unemployment claims amid heightened concerns that the U.S. economy is headed for a recession.
