U.S. Jobless Claims Remained Low Last Week

U.S. Jobless Claims Remained Low Last Week

This post was originally published on this siteInitial jobless claims decreased to 229,000 last week as employers continued to avoid layoffs in a still-tight labor market.

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Higher Unemployment Rate Looms as the Fed Fights Inflation

Higher Unemployment Rate Looms as the Fed Fights Inflation

This post was originally published on this siteCentral-bank officials are beginning to signal that higher unemployment rates might be a necessary consequence of their efforts to damp inflation by raising interest rates.

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U.S. Jobless Claims Rise Above Prepandemic Average

U.S. Jobless Claims Rise Above Prepandemic Average

This post was originally published on this siteWorkers filed 229,000 jobless claims last week, the largest total since January, adding to signs the labor market could be cooling a bit.

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Consumers Are Losers in a Booming Industrial Economy

Consumers Are Losers in a Booming Industrial Economy

This post was originally published on this siteManufacturing and construction are still going strong, and while that lowers the chances for a recession, it means higher prices will continue for most basic goods.

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Job Growth Seen Slowing but Remaining Strong

Job Growth Seen Slowing but Remaining Strong

This post was originally published on this siteA persistent shortage of workers, interest-rate increases and inflation will likely cool the U.S. labor market in coming months, economists say.

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Jobless Claims Dropped Last Week, Remain Near Historic Lows

Jobless Claims Dropped Last Week, Remain Near Historic Lows

This post was originally published on this siteInitial jobless claims, a proxy for layoffs, decreased to 210,000 last week and remain near 2019 prepandemic levels, when the job market was also historically tight.

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U.S. Job Growth Was Sturdy in April, Economists Forecast

U.S. Job Growth Was Sturdy in April, Economists Forecast

This post was originally published on this siteEconomists estimate the U.S. economy posted a payroll gain of 400,000 in April, despite rising interest rates, jittery stock markets and growing fears of a slowdown.

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Transformed Labor Market Puts Odds of Being Laid Off at Historic Lows

Transformed Labor Market Puts Odds of Being Laid Off at Historic Lows

This post was originally published on this siteNew claims for unemployment benefits are trending at their lowest levels since 1968, underscoring few layoffs in the tightest labor market in half a century.

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Jobless Claims Edge Higher Amid Tight Labor Market

Jobless Claims Edge Higher Amid Tight Labor Market

This post was originally published on this siteNew applications for unemployment benefits, a proxy for layoffs, rose 14,000 last week, indicating a strong labor market in which employers are holding on to their workers.

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Some wins for US labor, but big picture stays tough

Some wins for US labor, but big picture stays tough

This post was originally published on this site Lauded by President Joe Biden and bolstered by recent triumphs at Starbucks, the US labor movement has had reasons to cheer as attention focuses on upcoming unionization votes at Amazon. But those bright spots do not change an overall picture that is...

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