BUSINESSABC10·4h ago
U.S. unemployment claims dip to 197,000, lowest since mid-July
AI TLDR · GEMINI
U.S. unemployment benefit applications fell to 197,000 last week, marking the lowest level since mid-July as layoffs remain low.
Claims for jobless benefits are a proxy for layoffs, and economists watch them because they can be a sign of where the job market is headed.
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