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
Britain exports lawyers, bankers and degrees. Why not doctors?
Now try the same sentence with a different noun. The UK will grow its healthcare exports to £40 billion a year...
OriginalVoices raises £1m pre-seed round led by Iona Star
OriginalVoices, a platform that supplies real-time human opinion data to AI tools and agents, has closed a £1m pre-seed round...
State pension set to rise by £488 to £13,036.40 next April
The full new state pension is likely to rise by £488 next April to £13,036.40 a year, after figures published...
Tim Martin says ‘not up to’ Burnham to choose who is on high street
Sir Tim Martin, founder and chairman of JD Wetherspoon, has said it is “not up to” Prime Minister Andy Burnham...
Directors Are Delegating Their Pensions to Algorithms. Some of Them Even Know It.
Not by a discretionary fund manager with a Mayfair address, but by an app promising machine-learning portfolios and automated trading....
Complete Guide to Recover Files From USB Drive: Fixed
A USB drive is a miniature portable storage device used for the storage and transfer of data. Yet, in the...