Re: Market News
U.S. Jobless Claims Rise Slightly in Tight Labor Market
Number of people seeking unemployment benefits remains historically low despite layoffs at big companies
https://www.wsj.com/articles/u-s-jo...ket-11670507772?mod=Searchresults_pos1&page=1
U.S. Jobless Claims Rise Slightly in Tight Labor Market
Number of people seeking unemployment benefits remains historically low despite layoffs at big companies
U.S. unemployment filings rose slightly last week, a sign the labor market remains tight despite layoffs at some companies and broader economic uncertainty.
Initial jobless claims, a proxy for layoffs, rose by 4,000 to a seasonally adjusted 230,000 last week, the Labor Department said Thursday. That was near the 2019 weekly average of around 218,000 when the labor market was also robust.
https://www.wsj.com/articles/u-s-jo...ket-11670507772?mod=Searchresults_pos1&page=1