Reprinted from The New York Times by Reuters on February 16, 2017.
The number of Americans filing for unemployment benefits increased less than expected last week, a sign that the labor market was continuing to tighten.
Initial claims for state unemployment benefits rose 5,000 to a seasonally adjusted 239,000 for the week ended Feb. 11, the Labor Department said on Thursday.
Data for the prior week was unrevised.
Claims have been below 300,000, a threshold associated with a strong labor market, for 102 consecutive weeks.
That is the longest stretch since 1970, when the labor market was much smaller. …