US applications for jobless benefits fall to 213,000, remaining near 7-month lows
By MATT OTT, Associated Press Business Writer
The number of Americans applying for unemployment benefits fell again last week, remaining near seven-month lows.
The Labor Department reported Thursday that jobless claim applications fell by 6,000 to 213,000 for the week of Nov. 16. That’s fewer than the 220,000 analysts forecast.
The four-week average of weekly claims, which quiets some of the weekly volatility, fell by 3,750 to 217,750.
Weekly applications for jobless benefits are considered a proxy for U.S. layoffs.
Continuing claims, the total number of Americans collecting jobless benefits, rose by 36,000 to 1.91 million for the week of Nov. 9. That was higher than expected and the most in three years.
More Stories
Greszler: Bullet dodged as federal judge nixes OT rule
Employers and workers may not realize it, but they just dodged a bullet. They can thank a federal judge in...
Editorial: The Pentagon still can’t pass a basic audit
Elon Musk and Vivek Ramaswamy will have no shortage of targets when they burrow into the bureaucracy in an effort...
Lowry: Why we’re fascinated with rockets
At his Madison Square Garden event a week before the election, Donald Trump went on an extended riff about the...
Richard Gere spies a great role in ‘The Agency’
To play Bosko, the CIA London Station Chief in the new Paramount+ spy series “The Agency,” Richard Gere had questions....
Celebrate music of the season with these holiday concerts
Traditional and irreverent Christmas music? Yes and yes. Traditional and irreverent Hanukkah music? Again, yes and yes. Our holiday music...
Toddler Tommy a ‘ray of sunshine’
Tommy is a very active and curious toddler. His beautiful smile is a magnet that draws in meaningful connections. He...