Jobs
US Jobless Claims Fall to 201,000, Lowest Level Since January
- Applications for unemployment benefits near half-century low
- Continuing claims dropped to the lowest since start of 2023
This article is for subscribers only.
Applications for US unemployment benefits fell to the lowest level since January last week, indicating a healthy labor market that continues to support the economy.
Initial jobless claims dropped by 20,000 to 201,000 in the week ending Sept. 16, returning to within striking distance of the lowest level in more than five decades, according to Labor Department data out Thursday. The figure was below all estimates in a Bloomberg survey of economists.