Unemployment benefit claims dipped slightly last week as layoffs remain low
WASHINGTON (AP) — The number of people applying for U. S. unemployment benefits fell slightly last week as layoffs remain low and most American workers enjoy job security. The Labor Department said Thursday that initial jobless claims ticked down to 197,000 from a revised 199,000 the week before. The four-week average of claims, which smooths out week-to-week volatility, dropped by 2,500 to 198,000. Claims for jobless benefits are a proxy for layoffs, and economists watch them because they a...
Read MoreThu, 08 Oct 2026
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- Unemployment benefit claims dipped slightly last week as layoffs remain low
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- US stocks rise to a record on expectations companies will make even fatter profits
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