The number of Americans applying for unemployment benefits jumped to its highest level in more than eight months last week, another indication that the red hot U.S. labor market may be softening.
Initial claims for state unemployment benefits were unchanged at a seasonally adjusted 208,000 for the week ended April 27. Economists polled by Reuters had forecast 212,000 claims in the latest week.
Fewer Americans applied for unemployment benefits last week as layoffs remain at historically low levels even as other signs that the labor market is cooling have surfaced. Jobless claims for the ...
(Bloomberg) -- Initial applications for US unemployment benefits rose last week to the highest level since August, coinciding with a recess at New York City public schools. Most Read from ...
The USD/THB pair is gaining strength rising to 36.60 on Thursday due to the Federal Reserve's (Fed) persistent hawkish stance ...
Initial applications for US unemployment benefits fell last week, after seasonal factors caused a significant increase in New York claims in the prior week. Initial claims decreased by 10,000 to ...
US job growth slowed more than analysts anticipated in April while unemployment crept up, government data showed Friday, signaling that the labor market is cooling though still relatively resilient.
The US economy underperformed expectations in April, adding only 175,000 nonfarm payroll jobs in that month, according to the Bureau of Labor Statistics. The news comes as the Federal Reserve ...
Consumer sentiment fell sharply in May to the lowest level in six months as Americans cited concerns about stubbornly high inflation and interest rates and fears that unemployment could rise ...
Bitcoin (BTC) dropped by 1.72% on Thursday as the Securities and Exchange Commission (SEC) approved eight spot Ethereum exchange-traded-funds (ETFs).
Fewer Americans applied for unemployment benefits last week as layoffs remain at historically low levels even as other signs ...