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Jobless claims fall, inflation stays low
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| Contributor | Eddie |
| Last Edited | Eddie Oct 16, 2003 11:31am |
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| Category | News |
| News Date | Thursday, October 16, 2003 06:00:00 AM UTC0:0 |
| Description | The number of Americans filing an initial claim for jobless benefits fell last week to the lowest level since early February, the Labor Department said, a hopeful sign for job seekers.
Underlying inflation, stripping out volatile food and energy costs rose 0.1 percent in September, in line with expectations. Over the last 12 months, the core CPI has risen just 1.2 percent, the smallest increase since February 1966, the department said.
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