Posted inPolitics & EconomicsAmericas

US weekly jobless claims make another surprise fall

The data for last week indicates a four-month low, suggesting that the US labour market remained fairly healthy

US unemployment
The fall of 4,000 in the filing of new applications for unemployment benefits for the week ended September 21 is the lowest level since mid-May. Image: Reuters

The number of Americans filing new applications for unemployment benefits showed another surprise fall, dropping 4,000 last week to a seasonally adjusted 218,000.

The latest drop in new unemployment filings followed data earlier this month showing the unemployment rate retreated in August from a near three-year high touched in July.

The data for last week indicates a four-month low, suggesting that the labour market remained fairly healthy.

The fall of 4,000 in the filing of new applications for unemployment benefits for the week ended September 21 is the lowest level since mid-May, the US Labor Depar­tment said, Reuters reported.

Other data released by the US authorities on Thursday showed corporate profits increased at a more robust pace than initially thought in the second quarter.

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