WASHINGTON—The number of Americans filing new applications for unemployment benefits declined last week and continued to hover at a low level consistent with a strengthening labor market. Initial claims for unemployment benefits, a proxy for layoffs across the U.S., decreased by 4,000 to a seasonally adjusted 262,000 in the week ended Aug. 13, the Labor Department said Thursday. Thursday’s report “shows no change in the trend...

Source: Wall Street Journal August 18, 2016 12:34 UTC