Applications for jobless claims fall for 3rd straight week

Applications for jobless claims fall for 3rd straight week

The number of people applying for unemployment benefits in the U.S. fell for third straight week. That's good news for American workers, but potentially bad news in the fight against inflation by the Federal Reserve, which has been ratcheting up its benchmark interest rate for a year in an effort to cool the economy, loosen the labor market and tame inflation. Applications for jobless claims in the U.S. for the week ending February 25 fell to 19…

Applications for jobless claims fall for 3rd straight week - Odessa American

The number of people applying for unemployment benefits in the U.S. fell for third straight week. That’s good news for American workers, but potentially bad news in the fight against inflation by the Federal Reserve, which has been ratcheting up its benchmark interest rate for a year in an effort to cool the economy, loosen the labor market and tame inflation. Applications for jobless claims in the U.S. for the week ending February 25 fell to 19…

Applications for Jobless Claims Fall for Third Straight Week - Flathead Beacon

The number of people applying for unemployment benefits in the U.S. fell for third straight week. That’s good news for American workers, but potentially bad news in the fight against inflation by the Federal Reserve, which has been ratcheting up its benchmark interest rate for a year in an effort to cool the economy, loosen the labor market and tame inflation. Applications for jobless claims in the U.S. for the week ending February 25 fell to 19…

Applications for jobless claims fall for 3rd straight week

Federal Reserve rate hikes have done little to cool a red-hot U.S. job market.

Thu. 11:58 Applications for jobless claims fall for 3rd straight week

The number of people applying for unemployment benefits in the U.S. fell for third straight week. That’s good news for American workers, but potentially bad news in the fight against inflation by the Federal Reserve, which has been ratcheting up its benchmark interest rate for a year in an effort to cool the economy, loosen the labor market and tame inflation. Applications for jobless claims in the U.S. for the week ending February 25 fell to 19…

Applications for jobless claims fall

Layoffs have been mounting in the technology sector, where many companies overhired after a pandemic boom. IBM, Microsoft, Amazon, Salesforce, Facebook parent Meta, Twitter and DoorDash have all announced layoffs in recent months.