Initial claims for state unemployment benefits dropped 19,000 to a seasonally adjusted 223,000 for the week to February 25, the lowest level since March,1973. Photo: AFP

US jobless claims near 44-year low as labour market tightens

Moderate economic growth keeps claims below 300,000 for 104th straight week as Fed rate rise seen imminent

TOP PICKS

Initial claims for state unemployment benefits dropped 19,000 to a seasonally adjusted 223,000 for the week to February 25, the lowest level since March,1973. Photo: AFP
READ FULL ARTICLE