WASHINGTON — Fewer Americans submitted for joblessness advantages last week as the labor market continues to shine regardlessof weakening aspects of the U.S. economy.
Applications for outofwork help for the week ending Aug. 27 fell by 5,000 to 232,000, the Labor Department reported Thursday.
The four-week typical for declares, which evens out some of the week-to-week volatility, reduced by 4,000 to 241,500.
The number of Americans gathering standard joblessness advantages increased by 26,000 the week that ended Aug. 20, to 1.44 million.
First-time applications normally show layoffs and are frequently seen as an early sign of where the task market is headed.
Hiring in the U.S. in 2022 hasactually been incredibly strong even as the nation dealswith increasing interest rates and weak financial development.
On Tuesday, the federalgovernment reported that the number of open tasks in the United States increased in July after 3 months of decreases. There were 11.2 million open tasks offered on the last day of July — almost 2 tasks, on typical, for every outofwork individual — a indication that companies are still urgently lookingfor employees regardlessof a weakening economy and high inflation.
The Labor Department problems its Augu