Filings for unemployment claims dipped last week, after striking Verizon employees went back to work.
The number of first-time filers for unemployment benefits fell to 409,000 in the week ending Aug. 27, the Labor Department said Thursday. That’s down 12,000 from a revised 421,000 the prior week. Economists were predicting initial claims would fall to 407,000 during the week, according to Briefing.com.
Unemployment claims from striking Verizon workers had pushed the figure up substantially for two weeks in a row.
Full Story: Unemployment Claims Dip