U.S. jobless claims fall to 216,000, lowest level since February

Initial jobless claims fell by 13,000 to 216,000 in the week ended Sept. 2, the lowest level since mid-February.
Economists had estimated new claims would rise 2,000 to 230,000.
Last week claims fell to a near 6-month low.
The numbers indicate the labor market continues to be strong.
The 4-week moving average of claims, a steadier measure, fell by 500 to 236,750.

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Relevant topic timeline:

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