US Initial Jobless Claims Decline for a 5th Straight Week
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The number of Americans filing new applications for jobless benefits unexpectedly fell to a seven-week low last week, suggesting employers may be holding on to workers despite other indications of a cooling labor market and creating no urgency for the Federal Reserve to resume its interest rate cuts.
Initial applications for US unemployment benefits rose last week by the most since early May and continuing claims jumped, adding to evidence of a softening labor market. Initial claims increased ...
Initial claims for state unemployment benefits rose 14,000 to a seasonally adjusted 217,000 for the week ended Jan. 11, the Labor Department said on Thursday. Economists polled by Reuters had ...
Weekly jobless claims fall 5,000 to 245,000; Layoffs reported in a range of industries in prior week; Continuing claims decrease 6,000 to 1.945 million; Single-family building permits drop 2.7% in May
Recurring applications for US jobless benefits rose for a ninth straight week in the longest stretch since 2018, indicating a growing number of people are having difficulty finding a new job.
Initial claims for state unemployment benefits fell 17,000 to a seasonally adjusted 233,000 for the week ended Aug. 3, ... US weekly jobless claims fall more than expected in latest week.