US EditionUS jobless aid applications retreat to 231,000 after surging to nearly 4-year high a week earlier
Initial jobless claims fell 33,000 to 231,000 after a fraudulent spike in Texas inflated the previous week's figures, reflecting stable layoffs amid weaker job growth, Labor Department reports.
- Initial applications for jobless benefits in the US dropped by 33,000 to 231,000, according to Labor Department data released Thursday.
- Continuing claims declined to 1.92 million in the previous week, indicating fewer people are receiving benefits.
- The four-week moving average of initial claims remained steady at 240,000, indicating little volatility in the job market.
- Carl B. Weinberg stated that today's report casts doubt on theories suggesting layoffs have significantly increased.
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49 Articles
U.S. jobless claims fall but labor market remains weak | Honolulu Star-Advertiser
WASHINGTON >> The number of Americans filing new applications for unemployment benefits fell last week, reversing the prior week’s jump, but the labor market has softened as both the demand for and supply of workers have diminished.
The number of Americans filing for unemployment benefits last week fell significantly after hitting a nearly four-year high the previous week.
US Weekly Jobless Claims Fall to 1-Month Low After Sharp Decline
Employment data continue to send mixed signals about labor market conditions as the number of Americans filing new applications for unemployment benefits declined to a one-month low. For the week ending Sept. 13, initial jobless claims fell by 33,000 to 231,000, the lowest level since the middle of August, according to new Department of Labor data released on Sept. 18. This represented the sharpest weekly drop in nearly four years. The previous …
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