Latest jobless claims fall to 193,000, underscoring still-tight labor market | CNN Business

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The number of first-time claims for unemployment benefits dropped considerably last week

Initial claims for unemployment insurance were 193,000 for the week ended September 24, down 16,000 from a downwardly revised total of 209,000 claims from the prior week, according to Labor Department data released Thursday. Economists had forecast 215,000 weekly applications would be filed, according to estimates on Refinitiv. The last time weekly claims fell below 200,000 was in early May.

After the pandemic hurled the economy and labor market into upheaval, employers — especially those in service industries — have struggled to regain their pre-pandemic employment levels. In July, there were two job openings for every person looking for a job, according to monthly data from the Bureau of Labor Statistics. The central bank wants more slack in the labor market, since tight employment pushes up wages and keeps inflation elevated.

 

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Start counting discouraged workers to get the teal unemployment percentage number.

becuae all the super rich 2 income families who had subsidized daycare are retiring

'First-time'!!!! Because everyone has already claimed during the past two years when the Libs basically fired everyone.

So did our 401k

It's great that you said that. In a lot of ways, the Biden Administration is rising to the occasion.

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Fake news

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James Denton Fox Tucker Carlson was the most-watched show iaveraging 3.2 million total viewers. Fox The Five averaged 3.2 million total viewers to finish second. Fox outdrew free TV offerings such as NBC’s Today' and 'Dateline, ABC's 'Good Morning America and CBS Face the Nation

Trump’s fault

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