U.S. jobless aid applications fall after surging to nearly 4-year high Nation Sep 18, 2025 10:44 AM EDT
The number of Americans applying for jobless aid last week retreated significantly after surging to a nearly four-year high a week earlier.
U.S. filings for unemployment benefits for the week ending Sept. 13 fell by 33,000 to 231,000, the Labor Department reported Thursday. That’s less than the 241,000 analysts surveyed by the data firm FactSet had forecast.
The previous week, applications surged to 264,000, their highest level since the week of Oct. 23, 2021. Last week’s figure was revised up by 1,000.
Concerns about the health of the American labor market led the Federal Reserve to cut its key interest rate by a quarter-point on Wednesday as many expected.
The rate cut is a sign