The number of Americans filing applications for unemployment benefits rose moder...
FILE PHOTO: People wait in line to enter the Nassau County Mega Job Fair at Nassau Veterans Memorial Coliseum in Uniondale, New York October 7, 2014. REUTERS/Shannon Stapleton/File Photo
Initial claims for state unemployment benefits increased 3,000 to a seasonally adjusted 213,000 for the week ended Sept. 21, the Labor Department said on Thursday. Data for the prior week was revised to show 2,000 more applications received than previously reported. Despite trade tensions, which have weighed on business investment and manufacturing, layoffs remain low. That is helping to underpin consumer spending, which is largely driving the economy.
The number of people receiving benefits after an initial week of aid declined 15,000 to 1.65 million for the week ended Sept. 14, the lowest level since October 2018. The four-week moving average of the so-called continuing claims decreased 12,750 to 1.67 million.
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