Unemployment applications generally reflect layoffs and are often seen as an early indicator of where the job market is headed.
Applications for jobless aid for the week ending August 13 fell by 2,000 to 250,000, the Labor Department reported Thursday. Last week's number, which raised some eyebrows, was revised down by 10,000.
The four-week average for claims, which evens out some of the week-to-week volatility, fell by 2,750 to 246,750. The number of Americans collecting traditional unemployment benefits increased by 7,000 the week that ended August 6, to 1.43 million. That's the most since early April.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pandemic, Profit-Driven Healthcare System Blamed for Historic Decline in US Life Expectancy'Has our failure to provide universal health care access contributed to many unnecessary deaths? Yes... Is it finally time to build an effective public health system? Yes.'
Read more »
COVID vaccines slash risk of spreading Omicron — and so does previous infectionBut the benefit of vaccines in reducing Omicron transmission doesn’t last for long.
Read more »
Quality Inn Residents Protesting End of City's Lease With MotelThey learned last week they must be out by September 16.
Read more »
NASA's tiny CAPSTONE moon probe is nearly 1 million miles from EarthThe 55-pound CAPSTONE reached its farthest point from its home planet last week.
Read more »
US Court Dismisses Nazi-Era Guelph Treasure Art DisputeThe collection, which has been on display in Berlin since the early 1960s and is currently at the city’s Bode Museum, is considered the largest collection of German church treasures in public hands. — The Associated Press
Read more »