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The release is the first fresh reading on the state of the labor market since a weak July jobs report fueled recession fears less than a week ago. That report showed the US economy tallied its ...
WASHINGTON (Reuters) -The number of Americans filing new applications for unemployment benefits increased marginally last week, but the devastation unleashed by Hurricane Helene in the U.S ...
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 ...
Economists polled by Reuters had forecast 230,000 claims for the latest week. They had jumped 17,000 in the prior week. Claims have entered a period of volatility, which could see large swings in ...
The number of Americans filing new claims for unemployment benefits increased moderately last week, suggesting that the labor market was gradually losing momentum as higher borrowing costs curb ...
U.S. employers added 227,000 jobs in November as the effects from hurricanes and strikes the previous month reversed. The unemployment rate was 4.2%
The weekly jobless claims report from the Labor Department on Thursday, the most timely data on the economy's health, also showed unemployment rolls expanding to levels last seen two years ago.
Historically low layoffs are propping up the labor market and the overall economy even as hiring has tapered off. Economists estimate that the hurricanes could cut as many as 40,000 jobs from ...