US Weekly Jobless Claims Slightly Lower Than Expected

According to BlockBeats, for the week ending August 31, the United States reported 227,000 initial jobless claims, slightly below the expected 230,000. The previous week's figure was revised from 231,000 to 232,000. For the week ending August 24, continuing jobless claims were reported at 1.838 million, also below the anticipated 1.865 million. The prior week's number was adjusted from 1.868 million to 1.86 million.