U.S. unemployment claims dip to 197,000, lowest since mid-July
The number of people applying for U.S. unemployment benefits dipped last week to the lowest level since mid-July as layoffs remain low and most American workers enjoy job security.
TL;DR
- U.S. unemployment benefit applications fell last week.
- This marks the lowest level recorded since mid-July.
- Layoffs are reported to be at a low level.
- Most American workers are experiencing job security.