Sep 04

Jobless claims up slightly

Initial jobless claims rose by 4,000 for the week ending August 30, bringing the total for the week to only slightly higher than the projected 300,000.

The economy added 209,000 jobs last month, slightly fewer than expected, but still making July the sixth straight month to add more than 200,000 jobs, which economists are largely interpreting as a sign of a steady recovery.

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