Advertisement

US weekly requests for jobless aid down 12,000 to 232,000

US weekly requests for jobless aid down 12,000 to 232,000 Photo: AP.

August 17, 2017 09:44 AM

WASHINGTON (AP) — Fewer Americans applied for jobless aid last week, as the number of people seeking benefits remained close to historic lows.

The Labor Department says that weekly unemployment applications fell by 12,000 to a seasonally-adjusted 232,000. It was the largest decline since mid-July. The less volatile four-week average slipped 500 to 240,500.

Advertisement – Content Continues Below

Applications closely reflect layoffs. Jobless claims have come in below 300,000 for 128 weeks in a row. That's the longest such stretch since 1970, when the U.S. population was much smaller.

The unemployment rate has fallen to a 16-year low of 4.3 percent. The government's jobs report for July showed that U.S. employers added 209,000 jobs. More Americans have been coming off the sidelines and finding jobs.

Credits

(Copyright 2017 by The Associated Press. All Rights Reserved.)

Advertisement
Relay Media Amp
Advertisement
Advertisement
Charity uses services dogs to help veteras adjust to civilian life

Publicist: Jerry Lewis, comedian, telethon host, dies at 91

Kasich urges Trump to end staff chaos and 'settle it down'

Knox man charged with running marijuana operation

Mechanicville urges residents to run water until its clear

Advertisement