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U.S. jobless claims near 43-year low; wholesale inventories surge Feb 9, 2017
 

Applicants fill out forms during a job fair at the Southeast LA-Crenshaw WorkSource Center in Los AngelesThe number of Americans filing for unemployment benefits unexpectedly fell last week to near a 43-year low, amid a further tightening of the labor market that could eventually spur faster wage growth. Other data on Thursday showed inventories at wholesalers surged in December for a second straight month and sales recorded their biggest increase since 2011, signs of confidence in the economy as domestic demand strengthens. Initial claims for state unemployment benefits dropped by 12,000 to a seasonally adjusted 234,000 for the week ended Feb. 4, the Labor Department said.


 
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