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US Jobless Claims Rise Slightly But Remain Near Historic Lows [View all]
Economics
US Jobless Claims Rise Slightly But Remain Near Historic Lows
By Augusta Saraiva
December 29, 2022, 1:33 PM UTC Updated on December 29, 2022, 1:36 PM UTC
Applications for US unemployment benefits rose last week, but remained near historic lows, underscoring the enduring resilience of the labor market despite the Federal Reserve’s aggressive efforts to cool demand.
Initial unemployment claims increased by 9,000 to 225,000 in the week ended Dec. 24, Labor Department data showed Thursday. That was in line with the median forecast in a Bloomberg survey of economists.
{snip}
US Jobless Claims Rise Slightly But Remain Near Historic Lows
By Augusta Saraiva
December 29, 2022, 1:33 PM UTC Updated on December 29, 2022, 1:36 PM UTC
Applications for US unemployment benefits rose last week, but remained near historic lows, underscoring the enduring resilience of the labor market despite the Federal Reserve’s aggressive efforts to cool demand.
Initial unemployment claims increased by 9,000 to 225,000 in the week ended Dec. 24, Labor Department data showed Thursday. That was in line with the median forecast in a Bloomberg survey of economists.
{snip}
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