US jobless claims remain at historically low 209,000, a sign of continuing labor market strength

📆 2023/10/12 14:45:00
📰 AP

⏱ Reading Time:
6 sec. here
2 min. at publisher
📊 Quality Score:
News: 6%
Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The number of Americans applying for unemployment benefits was unchanged last week, remaining at historically low levels in another sign that the U.S. job market remains strong in the face of higher interest rates. Unemployment claims stayed at 209,000 for the week ending Oct. 7, the Labor Department reported Thursday.

A hiring sign is displayed at a grocery store in Arlington Heights, Ill., Tuesday, Oct. 10, 2023. On Thursday, the Labor Department reports on the number of people who applied for unemployment benefits last week. WASHINGTON — The number of Americans applying for unemployment benefits was unchanged last week, remaining at historically low levels in another sign that the U.S. job market remains strong in the face of higher interest rates.

The numbers, a proxy for layoffs, continue to show that American workers enjoy extraordinary job security.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

More Americans support striking auto workers than companies: pollFind Central Pennsylvania business news, blogs, articles and other resources. Get local business listings and events and join forum discussions at PennLive.com.
Source: PennLive - 🏆 463. / 53 Read more »