U.S. Weekly Jobless Claims Continue to Fall

States reported that 222,000 workers filed for new unemployment benefits during the week ending Sept. 3, marking four straight weeks of declines. The number of workers continuing to claim unemployment benefits—1.4 million—has been steadily rising this year but is still well below the pre-pandemic average of 1.7 million. The generally low level of jobless claims overall signifies strong labor demand as companies try to attract and retain employees.
Source: New feed 2