11-02-2016 19:13 via news.yahoo.com

Low U.S. jobless claims underscore labor market strength

By Lucia Mutikani WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits fell more than expected last week, suggesting the labor market remains on solid footing despite slowing economic growth and a stock market rout.    Initial claims for state unemployment benefits declined 16,000 to a seasonally adjusted 269,000 for the week ended Feb. 6, the Labor Department said on Thursday. "The economy might be sailing into a storm, the financial markets say, but if
Read more »