iStock/Thinkstock(WASHINGTON) — Jobless claims slumped last week, decreasing by 8,000, according to the latest figures released Thursday by the Labor Department.
For the week ending Sept. 18, the number of people filing for benefits fell from an unrevised level of 260,000 the previous week to 252,000, marking the 81st consecutive week initial jobless claims came in below 300,000. It’s the longest streak since 1970, the Labor Department says.
The Labor Department said there were no “special factors” impacting that week’s figures.
The four-week moving average decreased by 2,250 to 258,500.
Copyright © 2016, ABC Radio. All rights reserved.