US UNEMPLOYMENT CLAIMS FALL BY 20,000 TO 385,000

Highlights

• According to the Labor Department, the number of jobless claims went to 385,000, falling by 20,000 as compared to the week before

• Nearly 1.8 million jobs were added by the employers in the US this year, which is an average of over 450,000 a month

The US economy is recovering and the recent report released by the country’s labor department on Thursday is a proof of it. As per the repo....