US jobless claims at 9-month low – WORLD

US jobless claims are at their lowest level in 9 monthsContrary to expectations, the number of people who applied for unemployment benefits in the country fell by 6,000 last week.NEW YORK (AA) — The number of first-time jobless claims in the US for the week ended Jan. 21 fell to 186,000, the lowest level since April 2022. The US Department of Labor released data on weekly jobless claims. , In the week ended January 21, the number of people claiming unemployment benefits for the first time in the country decreased by 6,000 compared to the previous week and decreased to 186,000. Contrary to market expectations, jobless claims, which fell to their lowest level since April 2022, were expected at 205K during this period. The previous week’s data for jobless claims was revised up to 192K.As of last week, the average number of jobless claims for 4 weeks decreased by 9,250 people compared to the previous week and decreased to 197,500. On the other hand, the number of current jobless claims increased by 20,000 people over week ended January 14 and reached 1 million 675 thousand. He said that the decline indicates that the labor market remains tight, despite the tightening of the aggressive monetary policy of the US Federal Reserve System (Fed).