Weekly jobless claims hit two-month low


Quickie good news.

(Reuters) - Claims for unemployment benefits unexpectedly fell last week, dropping to a two-month low, according a government report on Thursday that hinted at some stability in the labor market.

Initial claims for state unemployment benefits slipped 3,000 to a seasonally adjusted 450,000, the lowest since the week ended July 10, the Labor Department said.

Analysts polled by Reuters had forecast claims rising to 460,000 from the previously reported 451,000 the prior week, which was slightly revised up to 453,000 in Thursday's report.