Politics
Labor Department marks low layoffs milestone
Axios·October 8, 2026·1 min read
New US jobless claims fell by 2,000 to 197,000 last week, staying below 200,000 for a month, a streak not seen since the 1960s. The four-week average dropped to 198,000, its lowest since 2022-2023. The data highlights low layoffs but masks a divide between employed and job seekers.
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