Labor market showing signs of 'hollowing out': Researcher

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The labor market appears to be showing resiliency after weekly U.S. jobless claims continue cooling. Economic Cycle Research Institute Co-Founder Lakshman Achuthan explains why these numbers might not necessarily suggest a positive for the labor market, as the rate of hiring has slowed down significantly. Achuthan notes to Yahoo Finance that “cyclical components” such as fewer temporary job opportunities and fewer working hours could be weighing on economic data. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Tina Turner was a singer, songwriter and actress. Known as the "Queen of Rock 'n' Roll".Amon-Ra St. Brown's touchdown celebration at Lambeau Field got a frothy response from a spectator that was out of bounds.Putin is making "little use of economic or military expertise" while making key decisions on the war in Ukraine, a think tank assessed.

Olivier Douliery/AFP via GettyWith a government shutdown just two days away, Republicans in the House gathered behind closed doors Thursday to hammer out their divisions and reach a consensus to avert crisis.At least, that was the plan before Rep. Matt Gaetz blew up a House GOP conference meeting to instead demand an answer to his No.

 

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