Fewer Americans applied for jobless aid last week, with the number of Americans collecting unemployment benefits already near five-decade lows.
Applications for unemployment benefits fell by 8,000 to 210,000 for the week ending May 21, the United States Department of Labor reported Thursday. First-time applications are generally representative of the number of layoffs.
The four-week average for claims, which smooths out some of the weekly volatility, ticked up from the previous week to 206,750.
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