U.S. Jobless Claims Fell Last Week, Showing Solid Labor Market

  • 📰 WSJ
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Applications for U.S. unemployment benefits fell last week, consistent with a labor market that remains resilient

, a proxy for layoffs, decreased by 16,000 to a seasonally adjusted 225,000 last week, the Labor Department said Thursday. That was near the 2019 weekly average of around 218,000, when the labor market was also robust.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yeah fell as unemployment is finally running out.

Cool now post how many people don't claim benefits and how many are having to work 2 if not 3 jobs under the biden inflation... 😐

Sure, low wage jobs for entry level positions will create more middle class citizens. 'Chipotle' hiring.

Year end is the in the black season. That many are keeping employees as a last gasp before 1/1/23 reality is not dispositive. tt:lizpeek berthacoombs

Correct me if I'm wrong, but doesn't a reduction in jobless claims need to be coupled with a rise in the Labor Force participation rate for that stat to be interpreted as written? simply states that Jobless Claims are a 'proxy for layoffs', which is an oversimplification.

He did that. Cope and seethe, Jack!

kenm77 Great news 🇺🇸

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines