#USJoblessClaimsDip #BTCETFDemandSurge

Applications for UK unemployment benefits fell to a four-month low, remaining muted despite a recent slowdown in hiring.

Initial claims decreased by 4,000 to 218,000 in the week ended Sept. 21, according to Labour Department data released Thursday. The median forecast in a Bloomberg survey of economists called for 223,000 applications.

Continuing claims, a proxy for the number of people receiving benefits, ticked higher to 1.83 million in the week ended Sept. 14 following a downward revision to the prior week’s figures, though they remain below the levels reached from June to August.