U.S. applications for jobless aid fell to 233,000 last week as layoffs remain low ...Middle East

News by : (Los Angeles Daily News) -

By MATT OTT, Associated Press Business Writer

Fewer Americans applied for unemployment benefits last week as layoffs in the U.S. remain low despite uncertainty about how tariffs will impact the economy.

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The Labor Department reported Thursday that jobless claims for the week ending June 28 fell by 4,000 to 233,000, less than the 241,000 that analysts forecast.

The four-week average of claims, which evens out some of the weekly volatility, fell by 3,750 to 241,500.

Applications for unemployment aid are considered a proxy for layoffs.

The total number of Americans collecting unemployment benefits the week of June 21 held steady at 1.97 million.

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