US jobless claims fall, core capital goods orders grow incrementally

The number of Americans filing new claims for unemployment benefits fell for a second consecutive week, indicating a strong labor market despite the Federal Reserve's interest rate hikes.

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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

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.

8/24/2023

Fewer Americans apply for jobless benefits as labor market keeps humming along

Despite attempts by the Federal Reserve to cool the economy and combat inflation, applications for unemployment benefits in the US declined last week, indicating a resilient labor market.

8/31/2023

US applications for jobless claims inch back down as companies hold on to their employees

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.

9/1/2023

US adds 187K jobs in August, jobless rate rises to 3.8 percent

The US added 187,000 jobs in August, but the unemployment rate rose to 3.8 percent, indicating a plateau in the labor market as the Federal Reserve considers another interest rate hike.

9/1/2023

The Labor Market Is Softening, But The September Report Looms Large (SP500)

The August employment report showed an increase in unemployment and a jump in the number of workers unemployed for more than 27 weeks, indicating a normalization of the labor market; however, the report also highlighted the potential for further job gains in September as new labor force entrants search for employment.

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

U.S. Jobless Claims Hit 8-Month Low as Businesses Avoid Layoffs Amid Worker Shortage

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.

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.