U S Weekly Jobless Claims Edge Slightly Higher (rttnews) first time claims for u.s. unemployment benefits inched slightly higher in the week ended december 2nd, according to a report released by the labor department on thursday. Slightly more americans filed for unemployment benefits last week, but layoffs remain at historically low levels despite two years of elevated interest rates. jobless claims rose by 2,000 to 230,000 for the week of sept. 7, the labor department reported thursday. that number matches the number of new filings that economists projected.
U S Weekly Jobless Claims Inch Up To 225 000 The labor department reported wednesday that jobless claims for the week ending june 29 rose by 4,000 to 238,000 from 234,000 the previous week. the data was issued one day earlier than its. Economists polled by reuters had estimated a revision down to 0.1%. unit labor costs rose at a 4.0% annualized rate, down from the first estimate of 4.7%. economists had projected labor costs to. Applications for jobless benefits are trending higher in june after mostly staying below 220,000 this year. the unemployment rate ticked up to 4% in may, despite the fact that america’s employers added a strong 272,000 jobs last month. Initial claims for state unemployment benefits rose 8,000 to a seasonally adjusted 229,000 for the week ended june 1, the labor department said on thursday. the labor market has been steadily rebalancing back toward pre pandemic levels after the fed raised interest rates by roughly 525 basis points since march 2022 to slow demand in the overall economy. "the level (of weekly jobless claims.
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