Weekly unemployment claims in the US are falling more than expected due to stability in the labor market

The number of Americans filing new claims for unemployment benefits fell more than expected last week, in line with a stabilizing labor market.Initial jobless claims fell by 23,000 to a seasonally adjusted 206,000 for the week ending Feb. 14, the Labor Department said Thursday. Economists polled by Reuters had forecast 225,000 claims for the past […]

US weekly unemployment claims fall slightly; last week’s data has been adjusted upwards

The number of Americans filing new claims for unemployment benefits fell slightly over the past week, still consistent with relatively low layoffs, though weak hiring is fueling household concerns about the job market.Initial claims for state unemployment benefits fell by 1,000 to a seasonally adjusted 209,000 for the week ending Jan. 24, the Department of […]