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The number of Americans filing new applications for unemployment benefits increased more than expected last week, but remained at levels consistent with a healthy labor market. Initial claims for ...
The news comes as the Federal Reserve seeks to cool inflation. The unemployment rate also changed very little, remaining at 3.9 per cent. Indeed, this is the best streak of unemployment being ...
President Biden is scheduled to speak early Monday afternoon at the Labor Department to highlight his administration’s efforts to strengthen America’s workforce. The president’s appearance ...
Markets reacted immediately. The 10-year yield shot up to nearly 4.8% and the S&P 500 dropped sharply 1.4% Friday morning as investors priced in a longer pause from the Fed on further rate cuts ...
The number of people receiving benefits after an initial week of aid, a proxy for hiring, rose 28,000 to a seasonally adjusted 1.897 million during the week ending Oct. 12, the highest level since ...
The stream of encouraging inflation readings was extended by a separate report from the Labor Department's Bureau of Labor Statistics on Thursday showing import prices dropping 0.8% in October ...
New data from the Department of Labor showed there were 233,000 initial jobless claims filed in the week ending Aug. 3, down from 250,000 the week prior and below the 240,000 economists had ...
The US labor market entered a new gear in the second half of 2024. ... initial filings for unemployment insurance hit a seven-month low in the week ending Nov. 23, with 213,000 initial claims ...