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.
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.
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.
The number of Americans applying for jobless benefits fell slightly last week as companies held on to employees in an economy that has withstood rising interest rates, with job openings remaining robust and unemployment benefits being collected by about 1.73 million people.
Employers added 187,000 jobs in August, resulting in a modest pickup in the job market, with industries such as health care, hospitality, and construction leading in job growth, while the unemployment rate rose to 3.8% due to more people re-joining the workforce, according to the Labor Department.
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.
The number of Americans applying for unemployment benefits fell to an eight-month low, indicating a reluctance by businesses to lay off workers amidst labor shortages.
Weekly jobless claims in the US have fallen to an eight-month low, indicating a tight labor market despite a slowdown in job growth.
The number of job layoffs in the U.S. remains near a record low despite rising interest rates and high inflation.
U.S. jobless claims rose slightly after reaching an eight-month low, indicating a strong labor market that continues to defy the Federal Reserve's attempts to cool it down.
The US labor market remains strong as jobless claims hold steady, with initial filings for unemployment benefits slightly above estimates, continuing claims unchanged, and the four-week moving average of claims decreasing, putting pressure on the Federal Reserve to carefully consider future monetary policy.
New jobless claims in the U.S. rose slightly to 207,000, reflecting an extremely strong labor market and indicating a stable economy with very low job losses.
The number of Americans filing new claims for unemployment benefits rose moderately last week, while layoffs declined in September, pointing to still-tight labor market conditions at the end of the third quarter. Additionally, the trade deficit shrank to its smallest in nearly three years in August, with exports of capital goods reaching a record high.
The US labor market remains stable with weekly jobless claims holding at relatively low levels for the third consecutive week, although signs of cooling are starting to emerge.
Applications for US unemployment benefits remained historically low last week, with initial jobless claims ticking up slightly to 207,000, indicating ongoing strength in the labor market.
The number of Americans applying for unemployment benefits remains unchanged at historically low levels, indicating a strong job market in the face of higher interest rates.
