U.S. Jobless Claims Eased Last Week to Lowest Level Since July - CPA Practice Advisor

Applications for U.S. unemployment benefits fell slightly last week to the lowest level since July, showing layoffs remain limited across the job market. Applications for U.S. unemployment benefits fell slightly last week to the lowest level since July, showing layoffs remain limited across the job market. Initial claims eased 2,000 to 197,000 in the week ended Oct. 3, according to Labor Department data released Thursday. It marked the fourth straight week that applications have been below 200,000. Initial claims remain near the lowest levels since the 1960s.