27-September-2025
Economy News
 
US weekly jobless claims fall, but labor market softening
26-Sep-2025

The number of Americans filing new applications for unemployment benefits fell last week, but the labor market has lost its luster amid an anemic pace of hiring. Initial claims for state unemployment benefits dropped 14,000 to a seasonally adjusted 218,000 for the week ended September 20, the Labor Department said on Thursday. Economists polled by Reuters had forecast 235,000 claims for the latest week.

News Source:- https://economictimes.indiatimes.com/news/international/global-trends/us-weekly-jobless-claims-fall-but-labor-market-softening/articleshow/124119135.cms