U.S. jobless claims hit four-week low, underscoring strength

U.S. JOBLESS CLAIMS decreased by 12,000 to 209,000 last week. / BLOOMBERG NEWS FILE PHOTO/GABBY JONES
U.S. JOBLESS CLAIMS decreased by 12,000 to 209,000 last week. / BLOOMBERG NEWS FILE PHOTO/GABBY JONES
WASHINGTON – Filings for United States unemployment benefits dropped to a four-week low, offering the latest sign of labor-market strength. Jobless claims decreased by 12,000 to 209,000 in the week ended Aug. 17, according to Labor Department figures released Thursday that fell below all estimates in Bloomberg’s survey of economists. The four-week average, a less-volatile…

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