Getting your Trinity Audio player ready...
Initial claims for state unemployment insurance fell 23,000 on a seasonally adjusted basis, to 298,000 in the week ended Aug. 15 from 321,000 the week before, the Labor Department said. In the week ended Aug. 8, 2.29 million people were receiving state unemployment benefits, down from 2.32 million the week before. The number receiving unemployment as a percentage of those covered by insurance was unchanged at 2.4 percent.
