Jobless claims drop more than expected to 233,000

The Labor Department on Thursday released new data about unemployment claims amid heightened concerns that the U.S. economy is headed for a recession.

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. 

This is a developing story. Please check back for updates.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Copyright © 1995-2016 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.