Weekly jobless claims saw a slight increase to an estimated 229,140, indicating a stable labor market despite reported surges in business layoffs More individuals are remaining on unemployment rolls as hiring activity slows, suggesting continued economic uncertainty impacting the job market. The unemployment rate is low and the economy is still growing, but those out of work face the slowest pace of hiring in more than a decade. The labor department reported thursday that jobless claims for the week ending july 26 ticked up by 1,000 to 218,000, less than the 225,000 new applications analysts forecast It was the first time in seven weeks that benefit applications rose, although layoffs remain at historically low levels. New federal labor data shows u.s
Workers filed 263,000 claims for unemployment benefits last week, the highest level since october 2021 and another sign the job market is cooling. New data released thursday showed that initial claims for unemployment benefits — considered a proxy for layoffs — fell last week However, the number of recurring claims made by people who. Jobless claims are the number of people filing weekly to receive unemployment insurance due to not having a job It is an important leading indicator of the health of the economy. In total, 1.9 million americans were collecting jobless benefits during the week that ended feb
Government data last week showed there were 0.98 job openings for every unemployed person in august, compared with 1.0 in july With hiring sluggish, more people are experiencing long spells of.
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