U.S. New unemployment insurance claims decreased to 210,000, suggesting continued tight labor market

U.S. New unemployment insurance claims decreased to 210,000, suggesting continued tight labor market

[WASHINGTON 26th Reuters] - The number of new unemployment insurance claims (seasonally adjusted) for the week until May 21 announced on the 26th by the U.S. Department of Labor on the 26th decreased by 8,000 compared to the previous week to 210,000. Despite rising interest rates and tightening the financial situation, it was shown that the labor market continued to be tight amid strong demand for workers. The market forecast is 215,000. The pre…

U.S. unemployment claims fall to 210,000 and signal labor market still strong

New U.S. jobless claims fell by 8,000 last week to 210,000, signaling that layoffs remain extremely low and the economy is still expanding despite more...