Your current location:HOME >politics >The number of Americans applying for jobless benefits holds steady as labor market remains strong 正文
TIME:2024-05-21 07:25:35 Source: Internet compilationEdit:politics
The number of Americans filing for jobless benefits didn’t change last week as the labor market cont
The number of Americans filing for jobless benefits didn’t change last week as the labor market continues to defy efforts by the Federal Reserve to cool hiring.
The Labor Department reported Thursday that unemployment claims for the week ending April 13 were unchanged from the previous week’s 212,000.
The four-week average of claims, which softens some of the weekly volatility, was also unchanged at 214,500.
Weekly unemployment claims are considered a proxy for the number of U.S. layoffs in a given week and a sign of where the job market is headed. They have remained at historically low levels since the pandemic purge of millions of jobs in the spring of 2020.
The Federal Reserve raised its benchmark borrowing rate 11 times beginning in March of 2022 in a bid to stifle the four-decade high inflation that took hold after the economy rebounded from the COVID-19 recession of 2020. The Fed’s intention was to loosen the labor market and cool wage growth, which it said contributed to persistently high inflation.
Investigators return to Long Island home of Gilgo Beach serial killing suspect2024-05-21 07:23
Florida Democrats hope abortion, marijuana questions will draw young voters despite low enthusiasm2024-05-21 07:00
Jeff Bridges, 73, returning for Tron: Ares nearly 42 YEARS after original Disney sci2024-05-21 06:48
Braves' Max Fried throws 6 no2024-05-21 06:48
I was 'brokefished' by my friend for £4002024-05-21 06:34
Kepler's RBI single in 9th inning gives Twins 32024-05-21 06:07
A ride on a fast catamaran led Lindsey Vonn to join U.S. SailGP Team's board of directors2024-05-21 05:57
1 dead, 2 injured in shooting on Navajo Nation in northern Arizona2024-05-21 05:26
Rangers are undefeated at .500 to keep World Series champs from a losing record with Bochy2024-05-21 05:22
The Latest2024-05-21 04:58
Shohei Ohtani's first walk2024-05-21 07:24
The Latest2024-05-21 07:18
Injured Marlins left2024-05-21 07:11
Angels score two on wild pitch and throwing error, beat Phillies 62024-05-21 07:04
Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise2024-05-21 07:01
A gunman kills 6 worshippers inside a Shiite mosque in western Afghanistan, the Taliban say2024-05-21 06:47
Daniel Day2024-05-21 06:13
Mexico is taking Ecuador to the top UN court over the storming of the Mexican Embassy2024-05-21 05:58
Candice Swanepoel stuns in a form2024-05-21 05:46
Mets ace Kodai Senga faces hitters for the first time since his shoulder injury2024-05-21 05:17