- Applications for US unemployment benefits fell by 10,000 to 196,000 in the week ended Sep. 12, the lowest level since July.
- The report adds to signals of labor market stability, a key input for Federal Reserve policy expectations.
- Bloomberg's related segments include Fed Chairman Warsh calling a rate hike a 'sober' decision and Swonk saying the Fed has started a rate-hiking cycle.
Quotes
“Applications for US unemployment benefits decreased by 10,000 to 196,000 in the week ended Sep. 12”
“Claims fell last week to the lowest level since July, adding to signals of labor market stability.”