US labour market data: Jobless claims drop to 233,000 as layoffs stay low; total unemployment rolls hold near 2 million
US jobless claims fell to 233,000 last week, signaling a robust labor market despite economic uncertainties. The Labor Department’s data showed a decrease of 4,000 claims, surpassing analyst predictions. The four-week moving average also declined, reinforcing the stability in employment trends, with the number of Americans receiving unemployment aid remaining steady.