US jobless aid applications retreat to 231,000 after surging to nearly 4-year high a week earlier

By MATT OTT Associated Press Business Writer The number of Americans applying for jobless aid last week retreated significantly after surging to a nearly four-year high a week earlier Related Articles American Express Platinum Card gets pricier and adds new perks including a dining credit Cracker Barrel expects weaker sales and restaurant traffic after logo debate Ticket marketplace StubHub slips on the constituents stage in its trading debut on Wall Street Starbucks workers sue over company s new dress code St Paul Sun Ray Shopping Center to welcome new retailer as other strip malls struggle U S filings for unemployment benefits for the week ending Sept fell by to the Labor Department shared Thursday That s less than the analysts surveyed by the figures firm FactSet had forecast The previous week applications surged to their highest level since the week of Oct Last week s figure was revised up by Thursday s unemployment benefits assessment evidenced that the four-week average of asserts which evens out a few of the week-to-week volatility fell by to The total number of Americans collecting unemployment benefits for the previous week of Sept fell by to million Weekly applications for jobless benefits are considered representative of layoffs and have mostly settled in a historically low range between and since the U S began to emerge from the COVID- pandemic nearly four years ago