Applications for unemployment benefits decline

Apr 28, 2022
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Written by Washington Retail
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Applications for unemployment benefits declined last week as the total number of Americans collecting aid fell to its lowest level in more than 50 years. Jobless claims fell by 2,000 to 184,000, according to the Labor Department. The four-week average of claims, which levels out week-to-week volatility, rose by 4,500 to 177,250. About 1.42 million Americans were collecting traditional unemployment benefits in the week of April 9, the fewest since February 21, 1970.