Jobless claims drop to 3-week low of 230,000. Still no sign of rising U.S. layoffs.

The number of Americans applying for unemployment benefits fell to a three-week low of 230,000, indicating a strong labor market and low job losses in the resilient U.S. economy.

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8/17/2023

US weekly jobless claims fall; tight labor market underpinning economy

Weekly jobless claims in the US fell by 11,000 to reach 239,000, indicating a tight labor market despite a slowdown in job growth and raising the risk of the Federal Reserve increasing interest rates.

8/24/2023

US jobless claims fall as labor market remains tight

Despite the Federal Reserve's interest rate hikes, new claims for unemployment benefits in the US declined last week, indicating a resilient labor market and raising hopes of avoiding a recession.

8/29/2023

Job openings fall to lowest since March 2021 as labor market softens

The number of open jobs in the US dropped to its lowest level in over two years in July, signaling a slowdown in the labor market, with economists expecting a further decrease in labor demand and a possible response from the Federal Reserve.

8/30/2023

Private sector job growth cools sharply in August to 177,000, worse than expected: ADP

U.S. hiring in August fell below expectations, signaling a cooling labor market due to higher interest rates, with companies adding 177,000 jobs compared to the predicted 195,000 gain, marking the worst month for job creation since March.

9/7/2023

US jobless claims hit lowest level since February; productivity strongest in years

The number of Americans filing for jobless benefits unexpectedly dropped to the lowest level since February, indicating a relatively tight job market despite recent signs of softening.

9/14/2023

Jobless Claims Remain Near Historic Lows Despite Small Rise in Weekly Filings

Initial jobless claims for state unemployment benefits rose by 3,000 to 220,000 in the latest week, but the four-week moving average fell to its lowest level since February, indicating that while the pace of hiring may be softening, there are very few layoffs.

9/21/2023

Jobless Claims Hit 8-Month Low as Labor Market Stays Tight, But Housing Market Slows With Rising Rates

Weekly jobless claims in the US have fallen to an eight-month low, indicating a tight labor market despite a slowdown in job growth.