US jobless claims hover near 57-year low for fourth consecutive week

Korea Times News ·
South Korea

WASHINGTON — The number of Americans filing new claims for unemployment benefits fell last week, pointing to continued labor market stability despite a sharp slowdown in job growth in September. Weekly jobless claims have now remained near 57-year lows for four straight weeks, the report from the Labor Department showed on Thursday, amid historically low layoffs. Though employers are hoarding…

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