During the first four months of 2024, applications for jobless benefits averaged just 213,000 a week before rising in May. They hit 250,000 in late July, supporting the notion that high interest rates were finally cooling a red-hot US job market. ...
1, 2024. (AP Photo/Nam Y. Huh) By MATT OTT, AP Business Writer More Americans applied for jobless benefits last week, but layoffs remain historically low even as more high-profile companies have announced job cuts this year. Applications for unemployment benefits rose by 13,000 to 215,000...
During the first four months of 2024, applications for jobless benefits averaged just 213,000 a week before rising in May. They hit 250,000 in late July, supporting the notion that high interest rates were finally cooling a red-hot U.S. job market. In A...
The number of Americans applying for unemployment benefits fell last week as the labor market continues to show resilience despite elevated interest rates. Jobless claims fell to 202,000 for the week ending Dec. 30, down by 18,000 from the previous week, t...
US applications for jobless benefits fall to 213,000, remaining near 7-month lows At the same time, the higher rates have brought inflation down. In February, consumer prices were up 3.2% from a year earlier — down from a four-decade high year-over-year peak of 9.1% in...
US applications for jobless benefits fall to 213,000, remaining near 7-month lows The number of Americans filing for jobless claims falls to lowest level in 6 months Inflation eased, too — decelerating from a four-decade high 9.1% in June 2022 to 3.5% in March. The com...
Applications for U.S. unemployment benefits fell to their lowest level in eight months last week as businesses continue to retain workers despite elevated interest rates meant to cool the economy and labor market. Jobless claim applications fell by 13,000 to 198,000 for the wee...
WASHINGTON (AP) — U.S. applications for unemployment benefits fell to their lowest level in 15 weeks as the job market continues to show resiliency in the face of attempts by the Federal Reserve to cool the economy. The number of Americans applying for jobless aid for the week ending Jan...
US applications for jobless benefits drop to 323kBy JOSH BOAK
WASHINGTON (AP) — Fewer Americans applied for jobless aid last week, as the number of people seeking benefits stayed near historic lows, pointing to a robust job market. THE NUMBERS: Weekly unemployment applications fell by 15,000 to a seasonally-adjusted 233,000, the Labor Department said Th...