The number of Americans applying for jobless benefits fell last week by 10,000, to 230,000 the week ending August 19, the Labor Department reported Thursday.Jobless claim applications are seen as reflective of the number of layoffs in a given week.
Overall, 1.7 million people were collecting unemployment benefits the week that ended August 12, about 9,000 fewer than the previous week. The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world’s population sees AP journalism every day.
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