WASHINGTON (dpa-AFX) - The Labor Department released a report on Thursday showing a modest decrease in first-time claims for U.S. unemployment benefits in the week ended February 26th.
The report showed initial jobless claims dipped to 215,000, a decrease of 18,000 from the previous week's revised level of 233,000.
Economists had expected jobless claims to edge down to 225,000 from the 232,000 originally reported for the previous week.
The release of the report comes a day ahead of the release of the Labor Department's more closely watched report on employment in the month of February.
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