A week ago, the number of Americans who applied for unemployment assistance last week retreated to a climax of nearly four years.
The Labor Department reported Thursday that U.S. applications for unemployment benefits for the week ending September 13 fell 33,000 to 231,000. That’s no better than the 241,000 analysts surveyed by data company FACTSET.
Last week, applications soared to 264,000, the highest level since October 23, 2021. The figure was revised by 1,000 last week.
Thursday’s unemployment benefits report showed that some claims for four weeks average weekly volatility fell by 750 to 240,000 on average.
The total number of Americans who collected unemployment benefits last week on September 6 fell by 7,000 to 1.92 million.
Weekly unemployment benefits claims are considered representative of layoffs, and since the United States began to emerge from the U.S. pandemic about four years ago, it has mostly settled between 200,000 and 250,000 in historically lows.
