First-time jobless claims stay low
(CNN)– There’s some good news for the economy.
First time unemployment benefit applications from last week remained near two-year lows.
The Bureau of Labor statistics pegs them at around 200,000.
That’s up 1,000 from the previous week.
But, it still keeps the four-week average the lowest in two years.
Continuing claims continue to hover around four year highs.