The numbers: The number of Americans who applied for unemployment benefits last week slipped to a three-week low of 191,000, signaling little erosion in a strong U.S. labor market even as the economy faced fresh strains.
Economists polled by The Wall Street Journal had forecast new claims to total 198,000 in the seven days ended March 18. The numbers are seasonally adjusted. The number of people collecting unemployment benefits across the country, meanwhile, rose by 14,000 to 1.69 million in the week ended March 11. That number is reported with a one-week lag.
The Federal Reserve, for instance, just raised interest rates to a nearly 16-year high. And the failure of Silicon Valley Bank has put more stress on the U.S. financial system.
of course former Amazon/facebook/twitter employees don’t need to file.
Duh you have to work two jobs just for food
So 6 month drop off then?
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US jobless claims inch down as labor market remains tightU.S. applications for unemployment benefits were down again, remaining at historically low levels. Jobless claims in the U.S. for the week ending March 18 fell by 1,000 from the previous week, the Labor Department said. This isn't a good thing. Applications were down because everybody else is already receiving them Something’s not adding up because the layoffs are still coming fast and heavy, especially in tech.
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US jobless claims inch down as labor market remains tightThe labor market continues to defy the Federal Reserve’s attempts at loosening it, with U.S. applications for unemployment benefits down again last week and remaining at historically low levels MAgA won’t like this. No better case than this for comprehensive immigration reform. We need more workers. Have you always been obsessed with Trump? What do you like best the blatant corruption or the fuck ton of lies? Bet you get giddy when he tells his crowds to “Lock Her Up” and “build that wall”? How that working out for you?
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US weekly jobless claims tick down as labor market remains tightThe number of Americans filing new claims for unemployment benefits edged down last week, showing no signs yet that the recent financial market turbulence following the failure of two regional banks was having an impact on the economy. Gaslighting Nice picture of a voting line in GA
La source: Reuters - 🏆 2. / 97 Lire la suite »