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Number of applications for unemployment benefits in USA remain low

The number of applications for unemployment benefits in USA filed last week, remained almost unchanged compared to the previous seven-day period. This indicates that employers are comfortable with the level of employment in their companies. The number of applications for unemployment benefits in USA has increased by 1,000 in the week to September 10 up to 260,000, stated in a report of the United States Department of Labor. The result remained below the analysts forecasts. Applications for unemployment benefits are maintained near 40-year low, as companies with a record number of jobs retained employees.

The central bankers from the US Federal Reserve will consider these data when they meet next week to decide whether to again raise interest rates.

The more stable measure, which is the average number of submitted applications for unemployment benefits for a period of four weeks, fell to 260,750, which is the lowest level since late July. The estimates ranged between 250,000 and 275,000.

The applications for unemployment benefits in the US are under 300,000 for 80 consecutive weeks, the longest such period since 1970.

The number of people on extended unemployment benefits, however, also increased by 1,000 to 2.14 million people in the week to September 3.

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