U.S. jobless claims fall more than expected

Initial claims for state unemployment benefits dropped 12,000 to a seasonally adjusted 267,000 for the week ended June 13, the Labor Department said on Thursday. It was the 15th straight week that claims held below 300,000, a threshold usually associated with a firming labor market. The Federal Reserve on Wednesday gave an upbeat assessment of the labor market.

U.S. jobless claims fall more than expected source: http://finance.yahoo.com/news/u-jobless-claims-fall-more-123236652.html