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Jobless Claims Fall More Than Expected, But Investors Still Expect Fed Hike Next Week
Thursday, July 20, 2023 - 8:49am | 413The number of Americans applying for unemployment benefits was lower than anticipated last week, again demonstrating the strength and resilience of the U.S. labor market. The Department of Labor reported 228,000 unemployment filings for the week ending July 15, a decrease from the previous week...
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Higher-Than-Expected Increase In Unemployment Claims Raises Alarm For Job Market
Thursday, June 8, 2023 - 8:50am | 550The most recent report from the Department of Labor revealed a larger-than-anticipated uptick in unemployment claims for the preceding week, from 233,000 to 261,000, raising concerns amid the mixed jobs market report from last week. This marks the third consecutive week of rising initial jobless...