Filings for U.S. unemployment benefits fell close to the lowest level since the 1970s, consistent with a still-improving labor market.
Jobless claims declined to 234,000 in the week ended Jan. 14 from a revised 249,000 in the prior period, a Labor Department report showed Thursday in Washington. The median projection of 44 economists surveyed by Bloomberg called for 252,000. Continuing claims dropped to 2.046 million in the week ended Jan. 7 from 2.093 million the previous week, the report showed.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.