The number of Americans filing new claims for unemployment benefits fell for a second week last week, suggesting a sharp slowdown in job growth in December was likely to be temporary.
Initial claims for state unemployment benefits slipped 2,000 to a seasonally adjusted 326,000, the Labor Department said Thursday. Claims for the prior week were revised to show 2,000 fewer applications received than previously reported.
Economists polled by Reuters had expected first-time applications to fall to 328,000 in the week ended Jan. 11.