Nothing To Do, Nowhere To Go 0
No change worth noting (emphasis added).
(snip)
The four-week average of claims, a less-volatile measure than the weekly figure, declined to 261,250 from 263,000 in the prior week. Filings have been below 300,000 for 79 straight weeks — the longest stretch since 1970 and a level economists say is typically consistent with a healthy labor market.
The number of people continuing to receive jobless benefits dropped by 7,000 to 2.14 million in the week ended Aug. 27. The unemployment rate among people eligible for benefits was 1.6 percent for a seventh week. These data are reported with a one-week lag.
