Economic Report: U.S. jobless claims fall to 8-month low of 201,000 with businesses avoiding layoffs

by | Sep 21, 2023 | Stock Market

The numbers: The number of Americans who applied for unemployment benefits last week fell by 20,000 to an eight-month low of 201,000, reflecting the reluctance of businesses to lay off workers in an era of acute labor shortages. New jobless claims declined from a revised 221,000 in the prior week, the government said. Claims still show…

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