Jobless claims drop 9,000 to 221,000, remain near 45-year low

• February 8, 2018
• realestatelife
• Announcements, Business & Markets, Real Estate, Real Estate Finance, Your Real Estate Life

Initial U.S. jobless claims fell by 9,000 to 221,000 in the seven days ended Feb 3. Economists surveyed forecast a 235,000 reading.

The more stable monthly average of claims declined by 10,000 to 224,500, the government said Thursday. That’s the lowest level since March 1973.

The number of people already collecting unemployment benefits, known as continuing claims, dropped by 33,000 to 1.92 million.