US weekly unemployment claims fall to 197,000
Applications for US unemployment benefits fell to 197,000 last week, according to ABC News US. The report says claims remain at historically low levels, indicating continued job security for most Americans, but supplies no further figures on hiring, layoffs or the wider labour market.
Applications for US unemployment benefits fell to 197,000 last week, ABC News US reported. The total was the lowest since mid-July, according to the report. It said the decline came as jobless claims remained at historically low levels.
The report also said most Americans continued to enjoy job security. The supplied material does not provide the previous week’s claims figure or explain the size of the week-on-week change. It gives no additional information on unemployment, payroll growth, layoffs or the sectors responsible for the movement in claims.
The latest figure therefore points to a continued low level of applications for benefits, without by itself providing a broader assessment of the US labour market.
This independently written report is based on information supplied by the named publisher. Vertrix News has not independently verified the source report.