
Latest jobless claims data show that the filings for unemployment benefits dropped to a four-month low last week, indicating that the job market may have started to gain better ground in September.
The Labor Department released data on Thursday, showing that claims for state unemployment benefits dropped by 12,000 from the previous week's revised level, resulting in a seasonally adjusted figure of 219,000 for the week ending Sept. 14. The economists that Reuters polled initially pegged the number to be at 230,000.