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US jobless claims fall to new three-month low

Published on Mar 13, 2014 8:42 PM
 

WASHINGTON (REUTERS) - The number of Americans filing new claims for unemployment benefits unexpectedly fell and hit a fresh three-month low last week, suggesting a strengthening in labour market conditions.

Initial claims for state unemployment benefits dropped 9,000 to a seasonally adjusted 315,000, the Labor Department said on Thursday. That was the lowest reading since late November.

Claims for the week ended March 1 were revised to show 1,000 more applications received than previously reported.

Economists polled by Reuters had forecast first-time applications for jobless benefits rising to 330,000 in the week ended March 8.

 
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