Unemployment Rate

US weekly requests for jobless aid fall to 233,000

Fewer Americans applied for jobless aid last week, as the number of people seeking benefits stayed near historic lows, pointing to a robust job market.

THE NUMBERS: Weekly unemployment applications fell by 15,000 to a seasonally-adjusted 233,000, the Labor Department said Thursday. It was the largest weekly drop since late April. The less volatile four-week average declined by 2,250 to 243,750. The number of people collecting unemployment benefits has fallen 9.7 percent over the past 12 months to 1.87 million.

THE TAKEAWAY: The job market appears solid as the U.S. enters its ninth year of recovery from the Great Recession. Employers are holding onto workers with the...

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