Applications for unemployment benefits in the US have reached their lowest level since May.

◻️Applications for unemployment benefits in the US fell to 219 thousand in the week ending September 14, falling short of market expectations.

◼️According to data released by the US Department of Labor; Applications decreased by 12 thousand people compared to the previous week and reached their lowest level since May.

◻️Ongoing applications for unemployment benefits also decreased by 14 thousand in the same week, falling to 1 million 829 thousand. Analysts stated that this decrease indicates that the labor market maintains its strength despite the slowdown in hiring.

✒️Ekotürk