US EditionWeekly jobless claims fall to 2-month low
- Jobless claims averaged a historically low 213,000 a week during the first four months of 2024.
- Claims began rising in May, hitting 250,000 in late July.
- This rise in claims indicates high interest rates are cooling the U.S. job market.
35 Articles
35 Articles
Associated Press News
Applications for US jobless benefits fall modestly last week as layoffs remain relatively low
The number of Americans filing for unemployment benefits fell last week as layoffs remain relatively low despite other signs of labor market cooling.
Low US weekly jobless claims assuage fears of labor market deterioration
WASHINGTON (Reuters): The number of Americans filing new applications for jobless benefits declined last week as layoffs remained low, helping to allay fears that the labor market was deteriorating. The weekly jobless claims report from the Labor Department on Thursday, the most timely data on the economy’s health, also showed unemployment rolls shrinking to levels last seen in mid-June. It reduces the urgency for the Federal Reserve to deliver …
Applications for US jobless benefits fall to 2-month low as layoffs remain at healthy levels - WXXV News 25
By MATT OTT Updated 8:12 AM CDT, September 5, 2024 The number of Americans filing for unemployment benefits fell to its lowest level in two months last week, signaling that layoffs remain relatively low despite other signs of labor market cooling. Jobless claims fell by 5,000 to 227,000 for the week of Aug. 31, the Labor Department reported Thursday. That’s the fewest since the week of July 6, when 223,000 Americans filed claims. It’s also …
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