Jobless Claims Fell Last Week in Still-Tight Labor Market

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Initial jobless claims decreased to a seasonally adjusted 214,000 last week, up from earlier this year but near their prepandemic 2019 weekly average

U.S. worker filings for jobless benefits fell last week, a sign layoffs remain low in a tight labor market.

, a proxy for layoffs, decreased to a seasonally adjusted 214,000 last week from 226,000 the week before, the Labor Department said Thursday. Claims are up from earlier this year but remain near their prepandemic 2019 weekly average of 218,000, when the labor market was also historically strong.

 

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Layoffs incoming. I mean if this is the best our economy can do…and you better take believe right before midterms democrat govt is doing everything in its power to keep gas low int rates low credit available and job growth steady. Wait til midterms are over. It tanks after that

All those people needing second and third jobs just to survive

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 /  🏆 98. in JP

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