Weekly U.S. jobless claims drop 6,000 to 472,000 Economic Report – MarketWatch

Posted on September 2, 2010

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The number of people applying for unemployment benefits fell by 6,000 to 472,000 in the week ended Aug. 28, but first-time claims remain at an elevated level, government data showed Thursday.

After a brief surge earlier this year, numerous signs indicate the U.S. economy appears to have cooled off over the summer, stoking concerns about whether what’s been a fragile recovery can be sustained. Jobless claims, for example, have risen 10% since early July.

via Weekly U.S. jobless claims drop 6,000 to 472,000 Economic Report – MarketWatch.

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