The number of Americans filing for unemployment dropped by 33,000 last week, reversing the previous week’s increase that had taken the number to its highest level in almost four years.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additiona ...

Fast Company Innovation Festival Ticket Giveaway—Enter now! LOGIN IBM Texas A&M University and slashed average monthly hiring from May through July to a mere 35,000.The revisions are standard practice, and necessary because many companies surveyed by the government submit their responses late or correct what they've already sent in.Government economists are also contending with a big drop in the share of companies that respond to the surveys. A decade ago, about 60% of companies surveyed responded. Now only ...