US applications for jobless benefits fall as labor market continues to thrive

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Jobless Claims Notícia

Unemployment Benefits,Weekly Unemployment Claims,The Federal Reserve

The number of Americans applying for unemployment benefits fell last week as layoffs remained historically low despite the Federal Reserve's efforts to...

The number of Americans applying for unemployment benefits fell last week as layoffs remained historically low despite the Federal Reserve's efforts to loosen the labor market.

The four-week average of claims, which softens some of the week-to-week volatility, rose a modest 1,750 to 219,750. The former president, in a typically loud post on his social media platform Truth Social, claimed that FBI agents had been authorized to use ‘deadly force’ during the raid of his Florida propertyDave Sanders/Pool via ReutersDonald Trump’s defense team rested their case on Tuesday after putting on what The New York Times described as a “minimal defense.”The Times likely did not intend any disparagement of Trump’s defense with its wording.

 

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