U.S. weekly unemployment claims rise moderately as labour market tightens

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 92%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Initial claims for state unemployment benefits rose 18,000 to a seasonally adjusted 206,000 for the week ended Dec. 11, the Labor Department said

Economists polled by Reuters had forecast 200,000 applications for the latest week. Claims have declined from a record high of 6.149 million in early April of 2020.

Aside from the year-end volatility in claims, the labour market is strengthening. The Federal Reserve acknowledged this on Wednesday when it announced that would end its pandemic-era bond purchases in March and pave the way for three quarter-percentage-point interest rate increases by the end of 2022. Fed Chair Jerome Powell told reporters the economy was “making rapid progress toward maximum employment.

Indeed Hiring Lab’s job search survey on Wednesday showed the share of the population actively looking for paid work rose two percentage points to 29.1 per cent in November from the prior month.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 5. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Why is the U.S. securities regulator proposing new rules for money market funds?Long-awaited changes are meant to improve resilience and transparency Big Short 2.0 Why not do the same for crypto?
Sumber: globeandmail - 🏆 5. / 92 Baca lebih lajut »