« previous next »
Pages: [1]   Go Down

Author Topic: U.S. Jobless Claims Applications Fall As Labor Market Gives Fed The Cold Shoulder  (Read 339 times)

0 Members and 1 Guest are viewing this topic.

Offline mystery-ak

  • Owner
  • Administrator
  • ******
  • Posts: 383,290
  • Gender: Female
  • Let's Go Brandon!
U.S. Jobless Claims Applications Fall As Labor Market Gives Fed The Cold Shoulder
« on: August 17, 2023, 05:05:39 pm »
U.S. Jobless Claims Applications Fall As Labor Market Gives Fed The Cold Shoulder

17 Aug 2023

The U.S. labor market continues to flex its muscle as applications for jobless claims fell again last week and remain at healthy levels in the face of high interest rates and inflation.

Applications for unemployment benefits dropped by 11,000 to 239,000 for the week ending August 12, down from 250,000 the previous week, the Labor Department reported Thursday.

The four-week moving average of claims, which softens some of the week-to-week volatility, rose by 2,750 to 234,250.

Jobless claim applications are seen as a proxy for the number of layoffs in a given week.

Overall, 1.72 million people were collecting unemployment benefits the week that ended August 5, about 32,000 more than the previous week.

more
https://www.breitbart.com/news/u-s-jobless-claims-applications-fall-as-labor-market-continues-to-show-resiliency/
Logged
Proud Supporter of Tunnel to Towers
Support the USO
Democrat Party...the Party of Infanticide

“Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own.”
-Matthew 6:34

Offline Hoodat

  • Hero Member
  • *****
  • Posts: 36,557
Re: U.S. Jobless Claims Applications Fall As Labor Market Gives Fed The Cold Shoulder
« Reply #1 on: August 17, 2023, 06:00:19 pm »
Government checks pay better than unemployment checks.
Logged
If a political party does not have its foundation in the determination to advance a cause that is right and that is moral, then it is not a political party; it is merely a conspiracy to seize power.

-Dwight Eisenhower-


"The [U.S.] Constitution is a limitation on the government, not on private individuals ... it does not prescribe the conduct of private individuals, only the conduct of the government ... it is not a charter for government power, but a charter of the citizen's protection against the government."

-Ayn Rand-
Pages: [1]   Go Up
« previous next »