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2026-09-17 20:56:10
[US Initial Jobless Claims Fall to Lowest Level Since July] ⑴ Initial jobless claims in the US fell to their lowest level since July last week, further indicating a stabilizing labor market. ⑵ Labor Department data released Thursday showed that initial jobless claims fell by about 10,000 to about 196,000 in the week ending September 12. ⑶ This week included Labor Day, and the data may have fluctuated before and after the holiday. ⑷ The four-week moving average of new claims fell to about 203,000, a five-week low. ⑸ The decline in initial jobless claims may reflect seasonal fluctuations related to Labor Day and the start of the new school year. ⑹ Nevertheless, the overall trend still highlights that, apart from a few high-profile layoff announcements, layoffs across the economy remain relatively mild. ⑺ Continuing jobless claims fell to about 1.73 million last week, the lowest level since 2024. ⑻ Despite the limited scale of layoffs, Americans remain cautious about leaving their jobs due to uneven hiring conditions, further solidifying the "low hiring, low layoffs" labor market pattern.
