US applications for jobless claims inch back down as companies hold on to their employees

  • 📰 SooToday
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 85%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

U.S. applications for unemployment benefits fell slightly last week as companies held on to employees in an economy that has largely withstood rapidly rising interest rates, intended to cool hiring and spending, for more than a year.

The number of Americans applying for jobless benefits last fell week by 4,000, to 228,000 the week ending August 26, the Labor Department reported Thursday.

Part of the Fed’s intent was to cool the job market and bring down wages, which many economists believe suppresses price growth. Though some measures of inflation have come down significantly — from as much as 9% down closer to 3% — since the Fed starting raising interest rates, the job market has held up better than many anticipated.

Economists believe U.S. employers added 170,000 jobs in August. The Labor Department will issue official monthly jobs numbers Friday. Besides some layoffs in the technology sector early this year, companies have mostly been trying to retain workers.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 8. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Four companies inch closer to realizing wind, hydrogen plans in NewfoundlandST. JOHN'S, N.L. — Four companies are one step closer to building wind-powered hydrogen and ammonia plants on the blustery island of Newfoundland.
Bron: SooToday - 🏆 8. / 85 Lees verder »

Four companies inch closer to realizing wind, hydrogen plans in NewfoundlandFour companies are one step closer to building wind-powered hydrogen and ammonia plants on the blustery island of Newfoundland.
Bron: BNNBloomberg - 🏆 83. / 50 Lees verder »

Visual artists fight back against AI companies for repurposing their workNEW YORK (AP) — Kelly McKernan’s acrylic and watercolor paintings are bold and vibrant, often featuring feminine figures rendered in bright greens, blues, pinks and purples. The style, in the artist’s words, is “surreal, ethereal … dealing with discomfort in the human journey.” The word “human” has a special resonance for McKernan these days. Although it’s always been a challenge to eke out a living as a visual artist — and the pandemic made it worse — McKernan now sees an existential threat fro
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »

Opinion: As our forests burn, oil companies are doubling down on their old business modelsWith the Earth in the grips of a climate crisis, fossil fuel companies shouldn’t be given a pass
Bron: globeandmail - 🏆 5. / 92 Lees verder »