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Low weekly jobless claims point to stable US labor market
WASHINGTON (Reuters) -The number of Americans filing new applications for unemployment benefits dropped last week, suggesting the economy maintained a steady pace of job growth in May, though it is becoming harder for those out of work to find new opportunities.
The Labor Department said 227,000 people applied for unemployment benefits last week, as the broad economic outlook remains cautious.
Initial claims for state unemployment benefits dropped 13,000 to a seasonally adjusted 228,000 for the week ended May 3. Economists polled by Reuters had forecast 230,000 claims for the latest ...
Initial claims for state unemployment benefits dropped 13,000 to a seasonally adjusted 228,000 for the week ended May 3, the Labor Department said on Thursday. Economists polled by Reuters had ...
The Associated Press on MSN14d
Applications for jobless benefits fall last week despite uncertainty over tariffsThe number of Americans applying for unemployment benefits fell last week despite heightened uncertainty about how President ...
Unemployment insurance is still plagued by barriers, delays 5 years after the COVID recession caused chaos and just as another slump threatens ...
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