Claims for unemployment benefits drop to 196,000, lowest since mid-July as layoffs remain low
Weekly unemployment benefit applications fell to 196,000, the lowest level since mid-July. This decrease from 206,000 the previous week suggests that layoffs remain rare nationwide. Labor Department data indicates continued job security for most American workers.
WASHINGTON (AP) — The number of people applying for unemployment benefits dropped sharply last week, another sign that layoffs remain rare and most Americans enjoy job security. The Labor Department reported Thursday that jobless claims slid to 196,000, the fewest since mid-July and down from 206,000 the week before. The four-week average of claims, which […]
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