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Weekly jobless claims fall to 233,000, less than expected, in a positive sign for labor market

Weekly jobless claims fall to 233,000, less than expected, in a positive sign for labor market

Initial claims for unemployment insurance totaled less than expected last week, countering other signs that the labor market is weakening.

First-time filings for jobless benefits came to a seasonally adjusted 233,000 for the week, a decline of 17,000 from the previous week’s upwardly revised level and lower than the Dow Jones estimate for 240,000, the

Thursday.

The report comes with Wall Street on edge amid signs that job…

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