US jobless claims fall to 289,000

By Dow Jones newswires

Thursday's report showed the number of workers continuing to draw unemployment benefits fell by 24,000 to a seasonally adjusted 2. 5 million in the week ended July 26.

Initial claims for unemployment benefits decreased by 14,000 to a seasonally adjusted 289,000 in the week ended August 2, the Labor Department said on Thursday.

Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report.

Read more here: Business Spectator

    

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