US EditionFewer Americans apply for jobless benefits as labor market keeps humming along
- The number of Americans filing new claims for unemployment benefits fell by 10,000 to 230,000 for the week ending August 19, indicating a tight labor market despite the Federal Reserve's efforts to cool the economy.
- The previous week's level was revised up slightly, but economists had forecasted higher claims for the latest week.
- The strength of the labor market, along with receding inflation, is generating optimism that the economy may avoid a recession.
17 Articles
17 Articles
Fewer Americans apply for jobless benefits as labor market keeps humming along
Applications for unemployment benefits fell again last week as America's labor market continues to hum along despite attempts by the Federal Reserve to cool the economy and bring down inflation that's still higher than optimal. The number of Americans applying for jobless benefits fell last week by 10,000, to 230,000…
US jobless claims fall as labor market remains tight
By Safiyah Riddle (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, as labor market conditions remained tight despite the Federal Reserve's aggressive interest rate hikes. Initial claims for
Fewer Americans apply for jobless benefits as labor market keeps humming along
By MATT OTT (AP Business Writer) Applications for unemployment benefits fell again last week as America’s labor market continues to hum along despite attempts by the Federal Reserve to cool the economy and bring down inflation that’s still higher than optimal. The number of Americans applying for jobless benefits fell last week by 10,000, to 230,000 the week ending August 19, the Labor Department reported Thursday. The four-week moving average o…
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