US initial jobless claims rise by 2,000
207,000 claims filed last week, lower than estimates of 210,000
By Ovunc Kutlu
ISTANBUL (AA) — The number of Americans filing first-time unemployment claims rose by 2,000 last week to 207,000, according to Labor Department data released Thursday.
The figure was lower than market estimates of 210,000, while the previous week's reading was revised up by 1,000 from 204,000 to 205,000.
The four-week moving average was 208,750, a drop of 2,500 from the previous week's revised average.
The US economy added 187,000 jobs in August, but the unemployment rate jumped to 3.8% from 3.5% in July.
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