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Jobless Claims in U.S. Decreased Last Week as Firings Abated

Bloomberg (02/20/14) Jeanna Smialek; Shobhana Chandra

U.S. jobless claims decreased by 3,000 to 336,000 in the week ended Feb. 15, according to the U.S. Department of Labor. Economists surveyed by Bloomberg had forecast a drop to 335,000. The four-week moving average of claims increased to 338,500 from 336,750 a week earlier, a sign that employers are holding the line on firings.