US weekly jobless claims fall more than expected - CNBC
CNBC - Thu 10 Jan 15:36 GMT

US weekly jobless claims fall more than expected - CNBC

The number of Americans filing applications for jobless benefits fell more than expected last week, pointing to a strengthening labor market that could further ease concerns about the economy's health.

  The number of Americans filing applications for jobless benefits fell more than expected last week, pointing to a strengthening labor market that could further ease concerns about the economy's health.

  Initial claims for state unemployment benefits fell 17,000 to a seasonally adjusted 216,000 for the week ended Jan. 5, the Labor Department said on Thursday.

  Claims were boosted in the week ending Dec. 29 as workers furloughed because of a partial shutdown of the U.S. government applied for benefits.

  The number of federal employees filing for jobless benefits increased by 3,831 to 4,760 in the week ending Dec. 29.

  Furloughed federal government workers can submit claims for unemployment benefits, but payment would depend on whether Congress decides to pay their salaries retroactively.