✉news BusinessEconomy first seen 22 h ago, last 22 h ago, peak #32
US weekly unemployment claims fall to lowest since mid-July
Original: U.S. unemployment claims dip to the lowest since mid-July
New claims for US unemployment benefits dropped to their lowest level since mid-July, a sign that layoffs remain limited and the labor market stays relatively firm. Economists watch the weekly figures closely for early signals of weakening hiring, and the dip suggests employers are holding on to workers despite broader concerns about the economy.
Why now: Fresh labor market data is being closely watched for signals about the strength of the US economy.
Evidence
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