Weekly US jobless claims highest since 2021, but companies avoid risk of being caught short-handed

  • 📰 ksatnews
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Last week, the Fed raised its benchmark interest rate another quarter point. One of the Fed’s goals in raising interest 10 times in the past 14 months is to cool the job market and stifle rising wages.

A hiring sign is displayed at a retail store in Downers Grove, Ill., Monday, May 1, 2023. On Thursday, the Labor Department reports on the number of people who applied for unemployment benefits last week.

Many employers appear to have put a premium on retaining workers after some of them were caught short-handed by the rapid post-COVID-19 economic recovery. As a result, most economists don't envision waves of layoffs even if a recession were to strike later this year as many expect. That doesn't mean that more layoffs are not on the way, Shapiro said, but the numbers are likely to be less drastic compared with past economic downturns.

Last month, the Commerce Department reported that U.S. economy slowed sharply from January through March as higher interest rates hammered the housing market and businesses reduced inventories.mostly in the technology sector

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 442. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Annual inflation cooled last month to the lowest level since April 2021 | CNN BusinessIt's been a two-year slog of enduring painfully high prices, but the light at the end of the tunnel just got slightly brighter for consumers.
출처: CNN - 🏆 4. / 95 더 많은 것을 읽으십시오 »