WASHINGTON — The number of people applying for unemployment benefits dropped sharply last week, another sign that layoffs remain rare and most Americans enjoy job security. The Labor Department reported Thursday that jobless claims slid to 196,000, the fewest since mid-July and down from 206,000 the week before. The four-week average of claims, which smooths
READ MORENEW YORK — Federal authorities charged a dozen people Tuesday for fraudulently collecting more than $10 million in government childcare payments, when the operators had few or even no actual children attending their facilities. The charges, jointly announced in San Diego by the Justice Department and the criminal investigations division of the IRS, are the
READ MOREWASHINGTON — Slightly fewer Americans filed for unemployment claims last week as jobless claims remain at historically low levels and layoffs are still relatively rare. Filings for benefits dipped to 206,000 last week from a revised 207,000 the week before, the Labor Department reported Thursday. The four-week average of claims, which smooths out week-to-week volatility,
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