Initial jobless claims fall more than forecast, easing some fears about US labor market

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 30 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

Jobless Claims News

Unemployment Insurance,Labor Market,Department Of Labor

Thursday's weekly jobless claims release were set to be closely tracked by investors as a cooling labor market comes into further focus.

Initial filings for unemployment insurance fell more than expected last week, offering some relief to markets worried about further signs of deterioration in the US labor market and the broader economy.showed there were 233,000 initial jobless claims filed in the week ending August 3, down from 250,000 the week prior and below the 240,000 economists had expected. In the week ending July 27, jobless claims hit their highest level since August 2023.fueled recession fears less than a week ago.

A hiring sign is displayed at a retail store in Schaumburg, Ill., July 10, 2024. Labour suspends member after ‘completely unacceptable’ comments at London rally I Spent Years On The Verge Of Death. I Couldn't Find A Doctor Who Would Listen To Me — Until I Said This. /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO, Aug. 08, 2024 -- Firm Capital Mortgage Investment Corporation is pleased to announce that the Corporation has closed the previously announced bought deal public offering of 1,950,000 common shares at a price of $11.

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:

 /  🏆 47. in BUSİNESS
 

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

Business Business Latest News, Business Business Headlines